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Dow Megaphone Pattern leads to 70-Year resistance test!

Dow Megaphone Pattern leads to 70-Year resistance test!

by Chris Kimble | Feb 22, 2018 | Kimble Charting

Back in November, I shared a long-term historical chart of the Dow Jones Industrial Average and pointed out a megaphone pattern breakout that looked bullish for stocks. After that post, the Dow Industrials rose over 3000 points heading into January before embarking on...
Bullish signal sent by this dual long-term breakout by Dow

Bullish signal sent by this dual long-term breakout by Dow

by Chris Kimble | Dec 22, 2014 | Global Dashboard, Kimble Charting

  CLICK ON CHART TO ENLARGE As the year is coming to an end and the Dow is near all-time high levels, I wanted to take a peak at two different long-term perspectives. One of them Fibonacci Extension levels and the other a long-term Mega phone pattern. If one...

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