The little egg-sucker has been such a killing bore lately that it barely deserves an update. That said, I should note that the high of yesterday’s rally, if you could call it that, slightly exceeded a target analogous to one that worked perfectly in the Mini-Dow. (In theory, we got short exactly at the intraday high, 12034). Higher prices likely impend for both vehicles, but you could try impeding this one with a short offer at 1312.25, stop 1313.25. The relevant pattern — a cross-eyed temptress — is shown in the chart.
