Riding The Gravy Train: DJIA Chart Studies & The Bitcon vs Stocks

Riding The Gravy Train

Beating the market is fun and profitable. This is how we do it.

Thursday, September 26, 2019

DJIA Chart Studies & The Bitcon vs Stocks

DJIA Monthly:

Chart above shows a parallel channel stretching back 17 years.

The weekly chart below shows major uptrends broken with well-established resistance immediately overhead.

DJIA Weekly:

DJIA Daily:

Circled in blue above are the previous 5 times our proprietary indicators were at the same level as the most recent circle.

At best stocks went a little higher prior to plunging.

Either way, fortune favored the bears.

Bonus: The Bitcon [sic] vs. Stocks:

History repeats.

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Riding The Gravy Train

Thursday, September 26, 2019

DJIA Chart Studies & The Bitcon vs Stocks

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