First of all a quick updated 1921 til now chart. trend lines still intact.
dji 1921 to now
Now a zoom into the last 5 years:
Dow 5 years
And finally a look at the last 60 days
dow 60 days
Okay so we are no longer in the imenent crash zone (between the two yellow line on the 5 year), however the dow is hitting major resistance at the new bubble zone (the two blue lines on the 5 year). As you can see on the 60 day the dow has basically spent the last month trying to break into the new bubble zone. The next few weeks are known for low volume so getting into the blue zone is possible, however momentum is ebbing and a return to retest the yellow zone is possible. AKA I dont know.
