http://stockcharts.com/def/servlet/SC.web?c=$INDU,uu[w,a]daclyiay[dd][pd20,2!c5!f][vc60][iut!Lb14!Lh14,3]&pref=G
Sometime in next few weeks or so, I will add STock Charts premium service so I can annotate my charts.
We are AT the top of downtrend channel. A breakout beyond here would HURT the bearish cause IMHO. EVEN if all the other things we can look at SCREAM TOP. I am monitoring closely.
RSI nearing oversold and we are also hitting upper BB< so there is good chance for a small pullback if not much more. IMHO
Put call ratio's have plummeted and VIX has fallen hard.
Duratek
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