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content.screencast.com/use...DJI122613.jpg

Take a wild guess what today's buying frenzy in the DJI led to? Yep, you guessed it. Trendline touch of the 13 year megaphone top in the making.

Comments

Jesterx - Stop Losses Rule!Jesterx - Stop Losses Rule!
calling tops here is about as dangerous the last top that meant to happen at the the last high. From there we skidded up higher.  
 
while 2013 was as good year for bulls, something tells me it will be alot more rough in 2014, but I would not be calling a top here just yet. 12/26/13
DinkDink
Too many people see that megaphone resistance, meaning it will not hold. Much more interesting resistance on the SPX that crosses between 1840-1900. 12/26/13
Mike1981Mike1981
And so it begins. I love waterfalls. 12/26/13
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