On days like today, when short term cycles are in the upper reversal zone, and the market has been rising for the past several days, keep an eye on the resistance points - which in this case is the 30 DMA for the Dow.

It ran smack into that average in the first hour of trade and reversed downward.

You'll see the break below the 8/8 crossover average on the 15 and 30 minute charts when that happens, and that will be a decent entry into the DXD for an intra-day or longer - inverse Dow play. Today it added nearly a buck within an hour of that event.

Steve