The program is back and Tuesday’s one day down day appears already long forgotten, but I want to follow up on a chart discussion I started Tuesday on the OEX and continue here with the DJIA.
Why? Because it’s all correlated and connected. The trend lines I mentioned in OEX is correlated with the DJIA. While OEX has made new all-time highs DJIA has not yet, indeed this week’s move to the upside appears currently (at the time of this writing) contained at a very specific point:
DJIA Daily Chart (Image not shown due to low ratings)
Images were hidden due to low ratings.
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