DJIA update

djia jan 17 2013 ldjia jan 17 2013 m

The idea of a large diagonal that takes up most of the 3 year chart is still perfectly valid. In fact I would count it among one of the cleanest and best proportioned I have ever seen and this adds to the credibility. However at this point we are less than 40 points away from having this scenario negated by surpassing the old peak at 13 662. If it does I will pack up for a month as I cannot take much more of this.