It’s been almost three weeks since I last spoke about the DOW. In
Party Like It’s 1964 – Part 3
I talked about the Fed Powell leaving interest rates unchanged and for the first time since 2007, the three month bill vs. the 10 year note inverted. I talked about the thought of the fundamentals finally catching up with the technicals and how the daily demand at 24900 was still in play, despite the potential triple top. In this case, the triple top was being supported by the daily supply at 26550 which was within a monthly supply, so the chart suggested
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