Trend Reversal Check

The DJI has shown reversal signs but, until it loses 8188 I continue to consider we're in an uptrend. The 8188 number was found using the Three Bar Net Line technique developed by Joseph Stowell. Here's a link to his homepage: http://www.bondtrades.com/

Market Reversal ?

This chart shows a critical moment for the current bull rally. We've reached a Fibo resistance and the fork's downward trend line. Let's see if there will be enough bull power to push the index up. Volume has been decreasing these days. Lastly, this could be the beginning of a wave 4.