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Monday, April 19

DOW possible rally continuation. $DJIA

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I expect the DOW to continue its rally towards 11400. I think the DOW will face heavy resistance as it continues its upward climb. This will be a bumpy rally.

The Thursday unemployment claims will be the main factor guiding this rally. It needs to show a significant improvement. A number around 430k will allow this rally to have much breathing space.

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