• 1,136 days Will The ECB Continue To Hike Rates?
  • 1,137 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,139 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,538 days Could Crypto Overtake Traditional Investment?
  • 1,543 days Americans Still Quitting Jobs At Record Pace
  • 1,545 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,548 days Is The Dollar Too Strong?
  • 1,548 days Big Tech Disappoints Investors on Earnings Calls
  • 1,549 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,551 days China Is Quietly Trying To Distance Itself From Russia
  • 1,551 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,555 days Crypto Investors Won Big In 2021
  • 1,555 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,556 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,558 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,559 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,562 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,563 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,563 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,565 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

Monthly DJIA Update: 5/30/03 & 4/28/78

Heres an update of the 4th Monthly DJIA line chart in myAugust 31, 2003 communication:

For 5/30/03 and 4/28/78 to remain a pattern pair the Monthly DJIA must show a net downside bias from 5/30/03 to 5/30/05, roughlytracking its 4/28/78 to 4/30/80 path.

The rise since 5/30/03 is probably either the beginning of a deviation from the post 4/28/78 path which will eventually invalidate the pairing, or merely an extension of the greater amplitudes demonstrated by the pre 5/30/03 action versus the pre 4/28/78 action.

Back to homepage

Leave a comment

Leave a comment