Dow Double Top - This chart shows the Dow forming a picture perfect "double top" between November 2004 and April 2005. Such patterns do not bode well for the market. After breaking the support level formed by the two troughs, the Dow declined several hundred points to the next major support level at 10,000.
April 18th, 2005
Standard Dow Indicators
Standard Dow System
Standard SPX Indicators