DOw is well supported as u can see in the chart there. and the weekly chart shows that it wanna break away upward. The W% have stay up.A new uptrend might be in the picture overcoming the previous high set in 30th april 2010.
However, if it cant move up higher then it will stay side ways for sometime.
Dow Jone IND daily
A slanted upward W is form here. The up day of yesterday is rather convincing. I expect today to be a inside bar day.
