What This 19 Year Chart of the DOW is Saying

By: Marty Chenard | Fri, Dec 27, 2013
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This morning I will show you a chart of the DJI and I won't make any comments about it because it speaks for itself.

If you don't get what this 19 year chart of the DOW is saying, do a search on "expanding wedge technical analysis".

Some like testing the limits on patterns, but the snap back on an elastic is never pleasant when pulled to far.

Dow Jones Industrials - Yearly Chart

 


 

Marty Chenard

Author: Marty Chenard

Marty Chenard
StockTiming.com
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Marty Chenard is an Advanced Stock Market Technical Analyst that has developed his own proprietary analytical tools and stock market models. As a result, he was out of the market two weeks before the 1987 Crash in the most recent Bear Market he faxed his Members in March 2000 telling them all to SELL. He is an advanced technical analyst and not an investment advisor, nor a securities broker.

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TRUE MONEY SUPPLY

Source: The Contrarian Take http://blogs.forbes.com/michaelpollaro/
austrian-money-supply/