This Dow chart has been zoomed in to try to show the bottom channel over a longer term. Unfortunately, my charting software historical data only goes back as far as 10-28-2002. So this is not exactly what I would consider "long term". If you have not looked at any 10 & 20 year charts of the major indicies you may want to reconsider. I'll try and figure out a way to post some.
In the mean time how bout a little off color humor:
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