Not Your Typical Short-Term Price Test Says Joe Friday

joefridaydowlongtermnottypicalpricetestmar27

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Dow Jones Monthly has a unique long-term price test at hand right now.

Its a combo of resistance tied to the 1987 highs and 2002 lows and Fibonacci extension tied to the 2007 highs and 2009 lows.

Don’t see this combo to often. Gut says the outcome here could be a tad bit important.

Joe Friday just the facts…..The outcome at (1) might be important 2 months from now and 2 years from now!

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