TSAASF

For the last 16 months, the DJIA has been in an intermediate advance. The advance started in OCT 2004 at the 9708 low. Since that low point, the DJIA has posted a series of major weekly lows and a high, to form a trend-channel that is shown in Channel Chart A. Within this advance, a Triangle has formed on the Daily Chart from the January 2006 high at 11047 to the January 2006 low at 10661, as shown in Channel Chart B. The upper return line in Channel Chart A is the possible high for this current run off of the 10661 low.