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This morning the Dow reached 16,000 for the first time in history. Sometimes round numbers can be important. The Power of the Pattern would suggest Dow 16,000 is NOT your typical round number.
If a person ties together some of the more important “Emotipoints” (emotional highs and lows) over the past 30 years, a series of resistance lines all come together at Dow 16,000, which was the pattern projection for the Dow 6 months ago (Infinity Ben Dow 16,000).
Will this become a “Shining Moment” for the Dow and an important break through take place? A breakthrough would be a positive!!! From a technical perspective this appears to be a very important price point due to how seldom such a series of “Emotipoints” come together like this!