‘Dow 70 year chart’ Archive

Dow testing 70-year channel support

dowtesting70yearsupportchanneljan12

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The Dow has made numerous important highs and lows along rising channel (A) over the past 70-years.

The last two times channel line (A) was really important was at the 2002/03 lows and right before the big decline around the world in 2008.

The Dow hit channel (A) back in …

Dow testing 70-year bull market support right now!

lookpic

Unless you live in a cave, your most likely well aware the stock markets around the world have been soft the past few months. The chart below looks at the Dow from a 50,000 foot view, going back to the 1920’s.

dowtesting70yearsupportsept30

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As you can see the Dow has spent a …

30,000 Foot view after a wild 10-days

dowwhataweekhitschannelsupportaug27

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If one takes the highs of 1987 and the lows of 2003 and ties them together and then projects a line into the future, you get line (1). The Dow hit line (1) and its Fibonacci 161% level in May and the Dow could make no more upward progress after …