This has been around awhile in various versions:

Tao of the Dow

"X
The ancient investors were subtle, mysterious, profound/
They knew the wisdom of buying and holding/
The ten thousand stocks rise and fall/
while the Self watches their return/
Knowing this, you will attain the divine/
Being divine, you will be at one with the Dow/
And though the body dies, your portfolio will survive/
Thus, the Dow will never pass away."

In my own opinion, you can look into the various chart analysis, but I think it is bunk. Moving Pivot, Elliott Wave, and the rest of them make money only by selling their techniques to their subscribers. Typically, they are no better than chance. My best stock over the last ten years is a utility. The pattern reminds me of the 70's. Bouncy-bouncy till the interest rates have to rise.

And there is this thought provoking chart:

(picture no. 209 from the old board's gallery, not restored)