"Noted with interest is the persistence of the Dow Jones Industrial Average to remain above the 200 day moving average. Similarly, the 50 day moving average is in a persistent upward converging. Of all things, the charts indicate the possibility of a constructive technical breakout into new three year highs Could it be the Dow is setting up for a record move as hyper-inflation looms on the horizon? It is trying to find support at its 200 day moving average and rising 50 day. The Dow is currently in the upper part of its three year range despite all the doom and gloom."