DJIA dow jones industrials

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

  1. 1,214 Posts.
    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.

    Image and video hosting by TinyPic

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