We must always be on the lookout for subtle technical signs on the long-term charts, since they can provide important clues concerning the temperament of a bull or bear market. It is on the monthly chart of the Dow Industrials that we looked for and found small details with potentially large significance. Has this summer’s 2200-point crash in the Dow marked a resumption of the secular bear? This session provides some illuminating details that bear directly on that question.
