Sunday, January 29, 2012

1/29/12 - Long Term DOW and SPX

DOW


Here's an updated look at the long term DOW chart I've been tracking. Anyone notice/mention the monthly MACD buy signal?

That may just be hinting that the move will either continue to hit the top of the expanding diagonal trendline or continue on in a new bull market to complete Grand Super Cycle 5.

Notice the mid channel is at approximately 14000.

SPX
Should the SPX follow.
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