Dow Attempting to Break Resistance Dating Back to 1987!
Mar 15, 2014 Chris Kimble
In the chart below, the Dow is attempting to breakout from a megaphone pattern as momentum is creating lower highs at (1), is attempting to break resistance dating all the way back to 1987 at (2), with valuations a little bit above their 114-year averages at (3), just 66% above (Source Doug Short).
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Source: http://advisorperspectives.com/dshort//guest/Chris-Kimble-140315-Market-Update.php
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