DJIA Dow Industrial Average (8592)

By day’s end the Indoos had pushed into the no man’s land of Monday’s opening gap, increasing the likelihood that the 700-point selloff will be come to be viewed as mere noise by week’s end. Wake me when 9160 is hit, since, as yesterday’s commentary emphasized, nothing less than that will mean anything, Hidden Pivot-wise. Keep in mind that the rally would have to be uncorrected between 8831 and 9160 to earn our coveted bullish seal of approval. More immediately, the breach of an 8605 rally target (see chart) portends more strength into Thursday morning.