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When in Doubt, Zoom Out

The Compound and Friends

CHAPTER

The Key Reversal Day

Today's the key reversal day. We're seeing new 52 week highs in both the Dow Jones Industrial Average and Dow Jones transports. A lot of investors fail to realize that when you look back at all of the bear markets in history, you don't get a lot of new 52-week highs in those bear markets. So this is just further evidence of all of the other things that we've been seeing for over a year,. I'm wearing Fibonacci as my homeboy.

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