monthly chart analysis, page-6

Bruce (didn't mean to spell your name wrong before, BTW),

Hmm...I don't see it, but it will entirely depend on which chart you are talking about. I just did the weekly chart, going back to 2005.

Here, the DJIA is the red and black line. Gold is the entirely black line (this is a log scale, BTW).

I've defined a DJIA "reversal" as at least one box down (200pts), within 2 boxes sideways (2 months), without an intervening higher high.

DJIA is the red and black line. Gold is the black only line.

A vertical blue line is where gold falls before the Dow. A red line is where the Dow falls before gold.



[I just did it quickly, so please point out if I've made an error.]