DOW

There is some negative divergence on the daily. Cant post chart, still at work.

It does look like its coming doesn't it?

4 hour chart attached.

A break above 14020 could take this to the magic 14198?

dl.dropbox.com/u/4385922/dow12.png

The level to watch today is 13860 .
But if you look at the hourly chart you can see that there is a wedge pattern and if it breaks out past
13880 then that may give you an early entry.
if the dow finishes below 13860 then i would expect this to go lower.




dyor

I hope this post doesn't appear too facetious, but what if we're nowhere near the top - if - I repeat, if, we consider an Inflation Adjusted Dow?

Just a thought!

i think i will hold off on that short now....crazy action back to re-assess wtf.