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The “Macro Monday” chart of the day is the Dow from 1910 to Current. The Dow is currently near the top of its 70-year rising channel and looks to have formed a multi-year rising wedge at the same time at (1) in the chart above.
The key for the Dow is… will support line (2) hold? If not, a hard gravity lesson could well take place for the Dow!
This chart will be discussed in dept along with Saturdays quiz chart in the workshop on Wednesday and Thursday.
If you would like to see more details about the “Power of the Pattern Workshop” and what will be covered, dates or times CLICK HERE.