All of last week’s feeble thrusting did not succeed in pushing the Indoos past August 17’s 10480 high, so let’s not get too excited if it finally happens today. Although that would create a bullish impulse leg on the daily chart, it would not dispel the doubts that seem to be weighing on the blue chip average. A pullback from slightly above 10480 would offer a short-term buying opportunity nonetheless, so traders should look for camouflage in such circumstances.  The accompany chart shows one promising way this could unfold. _______ UPDATE (12:28 p.m. EDT): The opening-bar short-squeeze was so hysterical that we didn’t have a chance to get long on such subtleties as I have described above. Detumescence off the morning’s so-far high at 10567 has been swift and punitively steep for anyone who bought the opening.