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BREAKOUTS  |  June 3, 2009
The DJIA Breakout Collides Into Resistance
A muscular breakout on the DJIA at the opening of June has carried prices into smack-dab into a hornet's nest of resistance. If this industrial powerhouse bulks up and presses prices through these heavy weights of resistance, the DJIA could continue to the 9100 level. If not, and resistance holds, it may bring about a deadly blow that kills this rally, ushering in a correction.

by Ron Walker

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