DOW now, all charts. All trends are up and and there are only 10 real trading days left 2012. I see no big change before 2013 and expect further trials to move higher.

DOW month.

Very small movement in December so far and trading is slowing down for Christmas and no big negative news in sight. Obama has promised a deal about the Cliff this year so I do not believe in a drop. If Dec bar should stay where it is or move higher the 8 month MA will turn up in January -you see the 8 bar close from the right which is very low. That close will lift this important MA and make a strong monthly resistance for January.

DOW week.

There are 3 bars left this year. The Dow has now closed above the 8 MA and a drop does not seem likely. The coming week is the last chance to make a drop below the 8 MA otherwise it will turn up or sideways.

DOW daily.

The index closed above the falling 50 day MA by a few points Friday. There is a possibility, but not big, for a drop back to test the 200 MA and build a trading range between these two MA's.  The rising 8 MA has penetrated the 200 MA on upside and will stop any drop.

DOW 2 hour.

The uptrend looks strong

CONCLUSION NOW
Dow will continue the Dec uptrend and give a strong big picture start for January. The only thing that can stop this scenario is a collapse of the Cliff talks.