There’s a reason we watch chart patterns. Earlier this week in a DITC blog article, the internet index ($DJUSNS) finally cleared 900 resistance after failing at that level on a few occasions the past 18 months. This latest attempt was different, however. Many times it gets quite frustrating as continuation patterns develop. The “I need to make money right now” crowd gets very impatient and loses faith in sectors or industry groups as they underperform for periods of time as money rotates within the market. Those who use technical patterns simply bide their time.