A little bit of DOW trivia; 25/8/1987 to 26/1/2018 = 11,112 Days...

A little bit of DOW trivia;

25/8/1987 to 26/1/2018 = 11,112 Days (365 months)
11/2/2016 to 26/1/2018 = 11,113 Points
That's pretty close!

I am really questioning whether a major top is in. I keep seeing strong arguments for both sides.
The current high is not a typical top where distribution has already occurred through a sideways move followed by a blow off.

Below is a snappy little chart of DOW and interestingly Martin Armstrong's model seems to have defined the major support and resistance levels for the DOW. The 1987 low to the 1996 top was one full cycle almost to the day. That range has definitely proven itself.  The 2009 low could be considered a back test of that first range up.

I also note the 2015 - 2016 bear range pulled up on 11/16 ^ths retracement of the repeating range. The current lows have broken below that retracement level.

Today I looked at a S&P500 cash chart. Strewth - the volume has gone ballistic since April 10 so now we have higher lows and higher highs so the trend is up ... for now anyway.