This chart speaks for itself:
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This blog contains my analysis of the Financial Markets from both a Technical and Fundamental perspective, as well as the Economy, with updates as events unfold. This is the start of what I hope will become a successful community of critical thinkers. Comments and Questions Welcome!
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.
ReplyDeleteGideon,
DeletePlease see my previous post regarding the Dow Jones Industrial Average Broadening Top Pattern.