Monday, February 3, 2014

Quarterly RSI 5 respecting downtrend line

         This chart speaks for itself:


  1. nice chart. There are many other monthly indicator divergences as well. you have not shown your big dow wedge in a while, did it break yet? I do not think the transports have gone below their prior secondary low, so I guess no dow theory bear call yet. Any word on the DNA markers? they seem to have been late in 2007 by a few months after the top had already occurred.

    1. Gideon,

      Please see my previous post regarding the Dow Jones Industrial Average Broadening Top Pattern.