DJIA - *still* in the channel!

Zero participation on the way down and lots of tell-tale divergences at the low - is it just me or are "they" getting sloppy these days?

DJIA channel (update)

Not much happening - still standing firm. I get the feeling there is an immense battle of opposing forces occurring right now - helicopter Ben with his finger in the dyke as the cracks start to multiply kinda thing.. hmm.

Meanwhile, erstwhile favourite indicator AUDJPY is starting to fold:

And might it be worth a post-earnings punt short on GS right now?

GS on StockCharts

DJIA channel

Interesting to note we are still in a channel that kept the action through most of primary wave 2 all in 2009 and this year, albeit we are now back in the bottom half and bumping up against the mid line.

Close-up:

Does Yahoo! Finance know something we don't?

DJIA still on the march

DJIA 60min wedge

Mind the fibs (1930s edition)