Since this became a regular monthly feature, it has helped identify some very good trades as the analysis of the monthly charts can often help one better identify the major trend and important levels of support.
Since rebounding off of the March 2009 bear market bottom, the Dow sustained a pattern of higher lows and higher highs. (For those of you who do not look at charts, this is a bullish pattern.) The trend was interrupted earlier this month when the Dow revisited its February 2010 lows.