In August 2013 I posted an article with long term price projections for the Dow Industrials based on a remarkable price symmetry since the 1932 depression lows: The case for Dow 32000 The article called for a major peak near 32000 or 19410 by late 2016 or early 2017. So here we are in late… Continue reading Dow 32000 revisited
Tag: long term
Long term gold charts update
For earlier versions of these charts, see our June article. Gold has dropped to $1215, one of the bottom targets we mention in our weekly key reversals posts. So, this is a good opportunity to update the long term charts. Let’s start with the monthly chart (click for larger image): Gold appears to be forming… Continue reading Long term gold charts update
The case for Dow 32000
If you look at a long term chart of the Dow Jones Industrials it is interesting to see how symmetrical the advance since the 1932 depression lows has been. You could turn the chart upside down around a point in late 1974, and it would look almost exactly the same. This chart lines out some… Continue reading The case for Dow 32000
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