SOMETIMES very small patterns nail very important final tops in markets and stocks.
However, important confirmation needs to present itself in the form of price signals assuming we move up into the 164 zone.
If we do get into 164 zone then look for price reversal signals.
End of month, end of quarter 'window dressing' may create small upward bias into end of this week.
So if all goes according to plan we should start to see a key reversal from this small late this week or early next week.
Early next week is indicated to be a panic cycle week according to Marty Armstrong and the following weeks after next week are indicated to be high .
This small pattern may be nailing a very unique top and shorting opportunity in 2014 !!!!
but needs confirmation at the 164 zone of clear reversal !!!!
The fly in the ointment with this type of potential pattern setup is that if the DIA exceeds the 164 with confidence on a closing basis, then the situation could turn in the exact opposite resolution (extreme upside market breakout and strength).