Divergences on the Dow work almost perfectly, both on weekly and daily. I have published divergence studies in the past, so if you are interested, check them out, because this chart is only about these last few weeks. At the beginning of march, you can see a class b divergence, and I believe we tested that level, with another divergence. The difference now is that we had a false breakout over the historic high, and there is a histogram divergence! This is rarely seen on the DOW!
There might be some more lateral movement, as the hourly chart is very oversold, but as long as there isn't a close over 16575, I'm holding my bias. Support lines are plotted on the chart, and we must watch for bounces.
I don't want to be taking profits at any of these targets, I wan't to add to my position any time I get a chance, cause if I'm right, this is the top for now. I don't know if it is the end of the market, I forgot my chrystal ball, but it certainly has all the characteristics of a top.