Critical Levels Update

Posted by Richard Russell: Dow Theory Letters

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Update from Richard Russell at 4pm today: Below we see three years of the Dow. The Dow has now broken a rising trendline going back to April. We see a continuation pattern having formed below the break. Will Dow 10,000 be expected. That’s the trillion-dollar question. The forces of deflation and de-leveraging.  A disappointing day after all the preceding weakness

By the way I assume my subscribers are OUT of stocks.