no doubt some serious charting needs to be done over the...

no doubt some serious charting needs to be done over the weekend
My Dow chart now back inside the downtrending triangle grrrrrrr. The only positive would the move be short and nasty as pushed daily stoch's to tenative oversold - and the 50% retrace number being 12434 , it got close last night 12460
Note also the double top on the DOW has now gone about 1.5 x the range.

XJO
Monday could be critical as we are sitting just above the up trend line, its probably fair to say it will break below in Monday but a stronger close would sway a little back to bulls
Banks might be the flavour nex week if things brighten up LOL.
Nex tuesday is 69 days from low, remembering high to march low was 138.


Please feel free in joing me in shorting oil for the benefit of the market LOL