The Dow 30 is back up to the lower channel boundary through which it fell in October. The 200 day moving average is also in this same area. The Dow has recently moved above the down trend line from the May 2008 rally high. One optimistic scenario would be that this down trend line is support on a pullback and then the Dow pushes above the channel boundary and 200 day moving average.
May 2020
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| 24 | 25 | 26 | 27 | 28 | 29 | 30 |
| 31 |
Recent Posts
Blogs I Like
- Kirk Lindstrom
Many useful and different market info sources. Mostly free. - Bron's Gold Chat
- QuantumOnline Income Securities
- Tom McClellan Charts
- All Allan
Check Allan's method free charts. - Bill Luby's Vix and More
- Richard Lehman
- Christopher Carolan
Long Wave Sources
- Kondratieff at Mid 2011
Current status of the inflationary up wave. - Nikolai Kondratiev and the early consensus and dissensions...
A thorough review of long wave theory in the 19th century and the reception of Kondratieff's work up to the 1950's. - 2008 Gold Update
- Gold & Kondratieff 2003
- Kondratieff's major paper in English translation
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