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MKT - SwingMachine & DJIA 97 Years of Daily Data



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This weekend I acquired a set of Dow Jones Industrial
data (daily - close only) dating back to 1900.  To make
it useful in SwingMachine I modified SM to read close
only data and create High @ C*1.005 and Low @ C*.995

Using this data I ran the attached analysis.

A 9 day reversal was used which reduced the number
of swings during this 97 year period to 85 (following a
07 pattern).

I averaged these into 5 sets of projections (history).

Two sets (the green lines) are no longer appropriate
since prices have moved away from these projections.
That leaves 3 possibilities.  On the attached  .gif  I have
noted the time to the next projected turn and the price
level at which that turn might occur.

Follow the coming daily prices and see how these 3
scenarios setup over the coming couple of weeks.

Clyde Lee





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Clyde Lee   Chairman/CEO  email:   <clydelee@xxxxxxx>
SYTECH Corporation              Work:    (713) 783-9540
7910 Westglen, Suite 105        Fax:     (713) 783-1092
Houston,  TX  77063
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