The Dow Jones 30 as you can see fell during the bulk of the week, but
did find a little bit of support at the 16,800 level in order to form a
slightly supportive looking candle. It’s not quite a hammer, but close
enough in our opinion. We believe that a break the top of the candle is
in fact a reason to start buying, and that’s exactly what we will do. At
that point in time, we would expect this market to go to the 20,000
level.
