madmax

  1. 2,717 Posts.
    Just having a look at the 80 year DOW chart .... yeah, looking for some perspective .. lol

    Draw an Andrews using the 8 July 1932 low (DOW 40.56 !!!!!)and the high of 14 Jan 2000 (11,909) & the low of 10 Oct 2002 (7,181) ..... I know you don't like long term forks, but I'm finding them more & more interesting as a background to major moves.

    The significant break below this very long term fork combined with what looks very much like the 3rd Elliott wave down gives absolutely no comfort.
 
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