What does this mean?
Well, there are two important resistance levels that need to be broken and held..the more important being around 17,080 - 17,100 zone.
What we witnessed today, and is pointed out below, indicates the potential for a test of that key level.
Now, to further complicate matters, the key Nasdaq & IWM indices were very weak today.
But remember, that they've been a bit stronger in this recent pullback off recent all time highs..so perhaps it was their turn to come into alignment with the Dow.
Anyway, regardless of what happens in the next few key sessions, one thing I can assure you is that one index won't go up while the others go down..and vice a versa.
As we saw the Naz and IWM pop nicely late in the afternoon when the Dow had it's second key bullish candle(on chart), we have no reason to believe that should it rally and take out those resistance levels that the Naz and IWM won't join it on top of the mountain.