Monday, May 2, 2011

Dow Jone Industrial Average - Trendline Analysis

Below is a price chart of the DJIA. Since August prices have remained in the price channel. Each time, however, that price has touched or came close to the upper channel line we have experianced a rapid decline. Will it happen again? We are within about 100 Dow points of the top channel line right now. I'll be watching.



This blog post does not constitute an offer of investment advise. This blog is only provided for educational purposes. Please read the Important Blog Disclosure posted in the right channel bar.


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