DIA – Dow Industrials ETF (Last:128.08)

A 129.75 rally target given here previously remains valid (as does another, close by, at 130.15), but getting short there could prove tricky, since we’d be attempting it following the creation of a fresh, bullish impulse leg on the hourly chart. Obviously camouflage is called for, and it will be best found on charts of three-minute degree or less.   I’ve set a screen alert and will signal the opportunity in real time if things play out to our liking.