The Dow 70-Year Rising Channel: Lower Support
May 19, 2010  Analysis from Chris Kimble 

Here's an updated "Power of the Pattern" chart from technical analyst Chris Kimble (first posted here). For those of us who like the larger context, this is an amazing perspective. It also gives a technical basis for some of the gloomy Dow crash forecasts that have been in the news of late.

Chris comments: These lower numbers are NOT predictions. They are possible price points that the markets could test as "pattern support!"

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For feedback or more information, email Chris at KimbleChartingSolutions@gmail.com.