Hello Fellow ChartWatchers!
There hasn't been much talk about it in the press but the Dow Industrials has continued its slow rise to new heights. How high? On the follow chart you can see that there are only two labelled peaks that are higher than the Dow's current level:
Last May's peak close of 11,577 seemed too good to be true, but if the Dow can re-rally to that level, it will be well positioned for a push up to its all-time high of 11,722 set way back in 1999. Yes, I know, I know. That's just overly optimistic "bubble-talk" right? Well, not exactly. What the Dow is doing is a long ways away from what the Nasdaq did back in 2000:
Don't you agree? 
About the author:
Chip Anderson is the founder and president of StockCharts.com.
He founded the company after working as a Windows developer and corporate consultant at Microsoft from 1987 to 1997.
Since 1999, Chip has guided the growth and development of StockCharts.com into a trusted financial enterprise and highly-valued resource in the industry.
In this blog, Chip shares his tips and tricks on how to maximize the tools and resources available at StockCharts.com, and provides updates about new features or additions to the site.
Learn More
