DJIA 2000-2019 Linear Chart Review

I occasionally run charts in linear scale just because it shows the extreme that this market has traveled.  Now if investors want to sit on the points of 3 needles (triple spike top) then they will suffer the pain in their investments once a potential Cycle degree correction starts to get serious.

The triple top is the most obvious point of resistance and the DJIA would have to be very bullish to make a solid breakout to new record highs.

The 4th wave big dip in 2018 is just an intermediate degree bottom so once this market starts a good bearish run, it should crash right through that 4th wave support.

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