The pattern shown looks too pretty to miss, even by a hair. Traders are encouraged to make hay, which for night owls could entail shorting; or for early risers, bottom-fishing the 15054 target with a tight stop-loss. You can interpolate by using either DIA or the Mini-Dow to initiate the trade. Their respective targets lie at 150.45 and 15053. As we went to press (10:38 p.m. EDT), the latter had just kissed its target and appeared to be lifting, albeit slightly. ______ UPDATE (9:26 a.m. EDT): The support held for less than an hour before sellers drove Dow Index futures 140 points lower. They have yet to find traction and now look like a good bet to hit a trendline that currently comes in at around 14850 (see inset, a fresh chart).
