Charting Cramer's Dow Forecast, Pt. 5

This column was originally published on RealMoney on Jan. 12 at 11:09 a.m. ET. It's being republished as a bonus for TheStreet.com readers. For more information about subscribing to RealMoney, please click here.

Editor's Note: This is Part 5 of Dan Fitzpatrick's technical review of the prospects for the stocks that make up the Dow 30. Be sure to read Part 1, Part 2, Part 3 and Part 4.

This is my last in a series of five articles covering the 30 components of the Dow Jones Industrial Average. Back in late September, I contributed to a 360 Degrees of the Dow. In that piece, I ran a three-part analysis of the Dow in different time frames -- daily, weekly and monthly periods.

You can read the piece if you want -- but that's rearview mirror stuff now. In a nutshell, here's what I said: On the daily chart, with the Dow at 11700, I was looking for a short-term pullback to around 11550. It never occurred. My weekly chart analysis was consistent with the daily, noting that over the past several years, significant advances, such as the one that began in July, have almost always given traders a second chance to buy. (We're still waiting for that second chance, aren't we?) ...