I have not one clue about why this market is behaving the way it is right now . . . The exponential moving averages and the simple moving averages on the DIA suggest that the market is very bullish. MOREOVER, if one takes a look at the ADX indicator, the RSI indicator, the Stochastics indicator, and the MACD indicator, all of these indicators suggest a pullback on a Daily chart. HOWEVER, although the indicators suggest a pullback, strangely enough they tell a different story on a weekly chart. MOREOVER, on a weekly chart the indicators display massive divergence in this market that has been building up for SEVERAL MONTHS!! Furthermore, now that the month of October and November are quickly approaching, then perhaps one would need to consider some precaution, for it may be possible that this weekly scale divergence may unfold during the coming months . . .
It does not necessary mean "crash" , it might go sideways and continue with up trend. If that is going to happen - indicators and divergences will "cool off" , adjust , and show direction again. Anyway, caution is advised for sure. Nice outlook.