We deconstructed the Mini-Dow’s hourly chart during yesterday’s morning’s tutorial session, discovering that this vehicle’s recent high at 9114 fell close enough to a longstanding rally target at 9128 to warrant our close attention. The weekly chart yields a slightly different perspective, but one that could prove useful nonetheless.  I’ve flagged the two relevant targets at, respectively, 9168 and 9476 and consider them high-odds objectives. Moreover, if the first is exceeded on a closing basis or by more than 15-20 points  intraday, odds of a move to the second would shorten significantly. Since we never want to chisel these numbers in stone, we’ll also be paying close attention to any signs that the bear rally may be dying. To be more specific, this would occur with the creation of a bearish impulse leg on the hourly chart.