It is impossible to tell how high the DOW as a leader will go. My personal feeling after viewed all main charts is that the current uptrend is loosing momentum. DOW is special since it is the playground for the most sophisticated robots in the world and for the last several weeks it has been very difficult to make daily forecasts. All the other indexes moves in the same direction as the DOW but not so overdone. It is a must to try to understand how the robots work and there are certain patterns I have grasped. However not enough to tell how the day will perform. My job in a bull market is to find any weakness for the beginning of a trend reversal. I think the drop will be significant as soon as the top can be localized.
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