I am attending a birthday celebration this evening, so my post will be late. The "damage" done by the Dow's rise was very modest today. I haven't had any time at all to look at charts, but the first thing I look at it the net dollar change in my portfolio, and it was small.
The kind folks at Elliott Wave International said I could show their charts from time to time, so here's one they just posted today. It shows the same trendline break I've been mentioning, but it has some labeling in there that might prove helpful.
I'll be writing late tonight; thanks for your patience!