DOW JONES: is on the best long term buy level

Based on the 6 month RSI, Dow Jones is making the final rebound on a Lower Highs pattern that since the 1920s leads to a multi year rally to a peak that ends in a Bear Market.

Remarkably all those rallies started on almost the same intervals: 1921, 1962, 1991 and now 2022. Two out of the previous three made the peak at the end of their respective decade.

Key note is the 90 year Higher Lows Support that has formed the low during all thre major Bear Markets of the past 100 years.

It is hard to believe now amidst the high inflation, global geopolitics ect, but Dow Jones may be at the best long term buy level that could lead to an extreme high at the end of the decade.



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