DOW

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.

pick ya spot & short the b wave rally imo for w4minor c down 13728/665 looks like a good spot for a 1st target and maybe a reversal. should see 5 waves down in a zig-zig or maybe a triangle just to add to some confusion... alternate minor 2 was irregular flat 13365-12883.

watch ya stops tho and manage them well, get a feeling the cleaners might come out to play after hours we hang abt round here.

line in the sand to invalidate - 14021

dont say the market didnt give ya chance today...

Remo - the Dow can dance and its dancing at the moment. I am taking that the 14198 can still be met as the fall today is at a random place - at not a known resistance. Maybe thats just the longs being closed just in case and one more last hurrah to take the unsuspecting lot to 14198 before it tanks?

if the dow finishes below 13860 today then id expect the dow to go towards 13660 as thats where the breakout point was. If that level fails then down she goes.

so the levels to watch for today are
13860

i will be really upset if we have had the top already All i wanted was for the index to move another 200 pips then drop. Its not asking for much.
The indexs are all struggling currently.
still waiting patiently for my short entry on the dow