Today’s touts draw a connection between GOOG and the broad averages. Both look primed for a blast to new record highs that we’ll be betting are a bull trap.  An alternative possibility is that the Dow Industrials et al. are going to turn down from here, resuming the nasty selloff begun in mid-January.  If so, it would be telling if they overshoot their respective Hidden Pivot correction targets, since it has been many years since that has occurred on the weekly charts. The chart accompanying today’s DJIA chart shows this in detail.