Yesterday’s price action was so sloppy that it may need a good, clean head-fake today to complete what looks like a nasty distribution. I’ll suggest shorting into the rally, but it remains to be seen whether this can be done at the c-d midpoint of a minor uptrend. My preference would be to look for camouflage on a downtrending abc, since shorts are likely to be more nervous than usual with volatility running so high this week. If the Indoos simply head lower, use a midpoint pivot at 10768 for potentially tradable support. ______ UPDATE (11:21 a.m. EDT): By cracking the midpoint support by a decisive 15 points (so far), the Dow has generated a new minimum downside target at 10589. Sayonara, all you bulls!