Markets Index DJIA 12,961 up+153 new closing high.
It's been only a week since I reported on the DJIA on Apr.15th and I wrote, "Well, by the p&f chart it is not only going up, but the chart is very bullish". ..and...."Not to worry for now, it is rising and money flow has turned back to previous highs".
Now, just take a look at the pt.& fig.here and the rest is history. Intraday high hit 13,035 so what is the next resistance number? A swift gander of my math chart, and by geometry, it is 13,300, so 300 more pts.to go above the 13,035 intraday high.
As this is the "7th" year, and so many times the stock market has crashed, it figures that this year ending in "7" must get very high for a super cliff top dive away. The first month that this first shows it's pattern will begin on Aug.121st, 0.618 of the year from Jan.1st. But the normal indications come about Sept.22nd and the actual crash in the all too famous in Oct.
For now, hold onto to your hats with both hands and go for it.
Charlton Capital Ltd. Mr.618