I find some things very interesting on this weekly DJIA chart. One being the obvious, we clearly broke a key area noted with the first red arrow. Now we are nearing another key level, which was the low of last year. If the volume is correct, this week was the highest seen on this chart, which goes back to Jan. 05. Another thing I find interesting, is we retested that key level to the $ and sold straight off. The huge volume throws a flag up and the fact we are nearing 12000 and 07 low also throws a flag up. If I am to suspect this week showed some buying, I guess a test of the 07 low is in store. However, if this test fails then we could have a long way to fall. I am by no means a
VSA expert, so if any of you guys with more knowledge care to comment please do so. Thanks for the time and everyone have a great weekend.