Dow Jones Industrial Average at major support: 15500

We will get a bounce but will it be a dead-cat bounce?

Dow Jones Industrial Average weekly chart_2016-02-11

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Fibonacci Retracement Levels published on January 15, 2016
DJIA 5-year chart showing the fibonacci retracement levles

DJIA 5-Year Chart

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“Technical Analysis is about probabilities.”

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