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Monday, October 25, 2010

Dow Jones Industrials at 52 Month Moving Average

The Dow is currently just above the 52 month moving average, where it was rejected back in April.  We're waiting to see how  October closes this Friday around this level.  As you can see, the bear market since 2008 is the longest period over the last twenty years that the Dow has spent below the 52 month average.

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