The P&F chart below shows the Dow Industrials using 30 points per box and a three box reversal method. With the August dip and September surge, the Dow is challenging the prior highs and tracing out a large inverse head-and-shoulders pattern. A break above these highs opens the door to even higher prices.
Click this image for a live chart
http://blogs.stockcharts.com/dont_ignore_this_chart/2012/09/dow-challenges-spring-highs-on-30pt-point-figure-chart.html
Click this image for a live chart
http://blogs.stockcharts.com/dont_ignore_this_chart/2012/09/dow-challenges-spring-highs-on-30pt-point-figure-chart.html
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