Dow Monthly Chart Points to 4500

Not much commentary is needed when viewing the monthly chart of the Dow. We only need an active imagination. All I will say here is that I have projections from this monthly chart to 6800-6500 and then to 4500. Since this is a monthly chart, however, we need to realize that the timeframe for such a move, and the volatility that could emerge between 8500 and 7500, add some definite challenges to capitalizing from such a move in trading the Dow Diamonds Trust (NYSE: DIA) or the ultra long or short Dow ETF instruments.