11-08-2016, 9:59pm
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#35
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A Real Barner
Points: 13,565, Level: 80 |
Join Date: Jan 2011
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Quote:
Originally Posted by polarbear
Slap a straight-edge across the bottoms of those candlesticks ('14, and the two from late '15). I'm seeing about 1800ish. Note that was a key level of resistance on the way up in '14. Using the same straight-edge, 2000 seems to be significant.
*I have no clue why this works, but the more points a line can hit, the more valid the line becomes. Probably because others are looking at the same lines.
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DOW futures down 459 points as I type this.
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