This is topic $DJIA 100 Year Chart - What Do You See? in forum Hot Stocks Free for All ! at's Bulletin Board.

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Posted by Relentless. on :

What is that pattern?

Let's zoom in a bit...


Drawing the trend lines sure does help.. But what is it?
Continuation or reversal?

Triangular patterns almost always culminate after the third peak... 99.999% of the time.
Posted by Peaser on :
The Fed has been holding up the market by pumping in $85 Billion per month with QE3. They just announced a mere 10 Billion/month decrease come Jan. 2014. If jobless numbers decrease next month, look for the Fed to withdraw more. Get yours while the getting is good.

IMO, the Fed holds the needle!

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