Diamonds

Remember that Diamond pattern on the DIA we looked at months ago?  Well, here is the DIA/Dow's progress off of it.  The Hog is in the resistance zone now, but still under the measured target.  I can't tell you how many regular people I have talked to in daily life who, as recently as this past fall, were convinced a market crash was coming.  They are probably buying the red band, or they will buy new highs, or whatever... but you get the idea.  The bulls have lost the contrary edge.

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