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DJI Trading Range?

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Just my chart view.

I like JNJ here as a staples/safety play. It has some room to catch up to PG
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JNJ Hedge/safety play?
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The DJI is currently sitting at a 7.5% correction. So I just took about 10% of my 401k that had been sitting in cash and allocated to a target date fund. I would continue doing so at key support levels.
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