A couple weeks ago I did this chart to illustrate its tendency to break UPWARD just prior to failure. And sure enough it failed into a tiny correction. Now as the Libya hysteria settles in, we are left to wonder whether DIA (the Dow) is bear flagging or has merely cleaned out the pipes once again and loaded fresh highs?
http://www.biiwii.blogspot.com
http://www.biiwii.com
