Dow and S&P 500 about to break above their 13-year sideways patterns?
From Kimble Charting Solutions Blog
February 21, 2013 - 10:15am
CLICK ON CHART TO ENLARGE The chart above reflects that since the late 1800's, the Dow has experienced three periods where it traded sideways, ranging from 13 to 17 years. The S&P 500 finds itself within a few percentage points of where it was 13 years ago. The prior sideways markets resulted in upside breakouts. [...]
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