Do you think people were looking at that lower trend line on this pennant formation in the Dow ? Monday they really go after it to the downside, we posted a fresh 3 month low, then the algo traders caught all the week shorts off guard and ran them out to the tune of 638 points! We could very easily spike above the upper trend line next, with no guarantees the algo traders won’t nail the weak longs and slam it lower after a test of 17,800. Friday’s un-enjoyment report at 730AMCST might spark another volatile move.