July 29th, 2010
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DJIA – Dow Industrial Average (Last:9109)

by Rick Ackerman on July 28, 2009 12:10 am GMT

Just one more turn of the screw — on the thumbs of shorts — should push the Indoos the remaining distance to the 9158 target drum-rolled here earlier. That number is a Hidden Pivot, but I am not recommending shorting there aggressively because its pedigree is not the finest.  However, it should serve just fine as an indicator of more strength to come, since an easy move through the resistance, or better yet a close above it, would be quite bullish for the near term.

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