http://stockcharts.com/h-sc/ui?s=$INDU&p=W&yr=4&mn=0&dy=0&id=p14903824659&a=205853690 See anything interesting here? Unlike what you see is what you get, what you see is what makes you successful or not. Was it Goethe who said you see…
http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=1&mn=0&dy=0&id=p03149889863&a=204730441 Sometimes the lexicon is strained to describe the market. While this is technically a mule (or sideways) market, mule hardly describes it. In the past we have made significant…
http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=1&mn=0&dy=0&id=p03149889863&a=204730441 For readers within driving range of San Francisco the finest technical analysis society in the country, and the oldest (tsaasf.org) meets monthly at Golden Gate University. Last Thursday the…
http://stockcharts.com/h-sc/ui?s=$INDU&p=D&yr=1&mn=0&dy=0&id=p03149889863&a=204730441 It appears that dumpity bump pattern may be setting up. (sell off, thrust up, sell off) At the least we can now draw a downtrend line from the high…
Here the crucial trendlines from the March 09 bottom. Any way you slice it the sloped trendlines are almost irrelevant at this point. The dominant and ominous line is the…
