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How to Get Ahead of the Dow's Next 1,000-Point Rally

TheStreet Guest Contributor
How to Get Ahead of the Dow's Next 1,000-Point Rally

Wall Street analysts seemed very surprised by Wednesday's the 1,000-point rally in the Dow. The S&P 500 tested its so-called "T3 Fibonacci support" on Wednesday morning -- and from that support level, it turned up sharply. To identify this, use the 2,815-point resistance level in the S&P 500 (its all-time high) and integrate that into a Fibonacci calculator.