Dow looks to be an excellent short around 12205 either today or tomorrow. Probably tomorrow trying to get as close to the new moon on Friday. Top was most likely in yesterday. Whether just a pullback is coming or more time will tell. Considering most people think just a pullback before surging higher (which I've started thinking too and I'm normally wrong as well) it could turn it the big 20-25% pullback that I've been expecting. Let's see. Anyway, sone big Dow shorts waiting above 12200 with stops above yesterdays high.
As an aside, whenever Ferrera has posted an update saying a top us due, the top has come within days. That combined with Voltaire's TDSEQ thingamy and the XMJ posted by Redbacka should set alarm bells rining.
EC
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