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Tony, hi. thanks for sharing your charts.
Call me silly, but those charts need some more lines drawn on them.
Not enough lines I think.
-RNM
--- In realtraders@xxxx, "Tony Pylypuk" <tpylypuk@xxxx> wrote:
> Attached is a 101 year monthly chart of INDU with the major trend
channels and Fibonacci time lines from 1932.
>
> Also attached is a 2 + year chart of INDU with additional line
studies.
>
> Of interest, is the fact that the bull market trend channel which
commenced in 1982 has yet to be violated.
>
> That trend channel intersects with the support trend line for the
current bear market on or about November 26, 2001 at or about 8720 in
the vicinity of a 38.2% retracement of the move from November, 1994
to January, 2000.
>
> FWIW.
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