DJIA – Dow Industrial Average (Last:10667)

The Indoos are wafting effortlessly above a midpoint resistance at 10771 (60m chart, A=10641 on March 16), implying that a finishing stroke to its ‘D’ sibling at 10835 is imminent. That would put the Dow up just 64 points on Friday before a stall becomes likely.  Plan on shorting there using the Diamonds or the June Mini-Dow with a very tight stop-loss. If you choose the latter, a Hidden Pivot at 10790 is equivalent to the one given above for the DJIA. _______ UPDATE (12:11 p.m. EST): The Dow and related vehicles head-faked on the opening, recording highs that fell somewhat shy of our short offers.