Menu Close

Long Term View – WSE Pro

Back at the beginning of 2006, I wrote:

In the next several months, the Dow will either break the uptrend line that it bounced from in October 2002, March 2003, and October 2005, or it will break out above the resistance zone extending from the 2000-2001 highs. It may take until the second half of the year, but the outcome of this battle should signal the market’s long-term direction for years to come, depending on whether the index falls through the uptrend line, or breaks out above the resistance area.

In October, the Dow gave us an answer. In this report I review the long term chart structures and tell you what to look for in terms of possible changes in the months ahead. Click here to download complete report in pdf format (Professional Edition Subscribers).

Try the Professional Edition risk free for thirty days. If you don’t find it helpful within that time, I’ll give you your money back. It’s that simple! Click here for more information.

Join the conversation and have a little fun at If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.

This site uses Akismet to reduce spam. Learn how your comment data is processed.