- Articles - 2013 - Dow Resistance and Support Levels - Andrew's Pitchfork
                Windsurfing at Palo Alto in SF Bay in May 2009  Dow Resistance and Support Levels
Resistance and Support levels for the DOW - Linear Scale
                Windsurfing at Coyote Point November 2009
   Return to home page

Quotes and Charts for Gold & GLD (the ETF for Gold)

May 7, 2013:   The Andrew's Pitchfork is a technical indicator that uses three parallel trendlines to identify possible levels of support and resistance. The trendlines are created by placing three points at the end of identified trends. This is usually achieved by placing the points in three consecutive peaks or troughs. Once the points have been placed, a straight line is drawn from the first point that intersects the midpoint of the other two.  It is also known as "median line studies."  My charts below are not "classical" interpretations of Andrew's Pitchfork but my endpoints capture several tops and bottoms for the current up channel.

Chart 1
 Chart of DOW to Gold Ratio 
Chart 2
Chart of DOW to Gold Ratio
Top of Page

Click for FREE sample of Kirk Lindstrom's                    Investment Letter

note 1.  Source:  charts from

TOP of Page

Home of "CORE & Explore®" investing.

FREE=> Investment Letter SAMPLE  <== FREE

Disclaimer:  The information contained in this web site is not intended to constitute financial advice, and is not a recommendation or solicitation to buy, sell or hold any security. This blog is strictly informational and educational and is not to be construed as any kind of financial advice, investment advice or legal advice. Copyright © 2013 Kirk Lindstrom. Note: "CORE & Explore®" was coined by and is a registered trademark of Charles Schwab & Co., Inc.