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Offer extended through Friday (9/3).
Bears who are primed to panic on the next 100-point rally should take a look at the Dow’s weekly chart before they jump: heavy, heavy, heavy! It’s difficult to predict how high, or even whether, DaBoyz will be able to squeeze the blue chip average this week, but we’ll be watching vigilantly each day for opportunities to get short. Assuming yesterday’s low at 10186 is not taken out first, a midpoint resistance at 10286 shows promise. If it gives way, however, buyers would be telegraphing more upside to as high as 10387.
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