Tri time

Looks as if the tri is being broken to the downside on the DIA daily chart. Its hard to call the triangles imo, but the sell seems to have been the 27th and the price action is breaking thru the lower support. Its still to early, to be sure ,that we might see the lows again. However they are in range at this point. My work is showing a negative bias and the "news' we read in the media and blogs seems negative too. My guess is stagflation. It would account for the split nature of the mkts. Will it all be like Japan 91? In a nut shell the bulls lack enegery and drive here, Im staying in the bear camp for now. I am hoping to sell rallies and try to let profits run.

best to you and yours
ryeone