Dow Jones Industrial Average target in 10 years

This is a very long term chart of the Dow Jones Industrial Average (quarterly, log).
It does not show up here, but the channel starts around the 1960's.
We need to remember one simple fact ;
1) Markets (or stocks or commodities) do not trend most of the time, instead, they remain in long channels ; some say that markets/stocks only rend 20% of the time.
2) Growth mainly comes from new technology or new discoveries (in this case it was the software, PC, Biotech, Internet) ....
3) Demographics !!! the 60's to 80's experienced what we are now facing ; an aging population (the baby boomers)

Conclusion ; we might have to wait 10 more years to see a bullish break out in the Dow Jones Industrial Average .
Smart money will have to quickly spot potential trend reversals elsewhere .....
Look for LT trends getting ready for a set up ;
Oil, Gold, China