I always watch the big picture. The McClellan Osc. went below the zl in the 3rd
week of Sept. until it crosses back above the zero line. I really don't trust
the upside in the Dow.I would hold off buying until the dots on the Summation
index (chart below) change direction.
McClellan Oscillator http://www.stockcharts.com/charts/indices/McSumNYSE.html