DOW - scary chart

Double Top.. Scary chart... kiss 50ma.. might rebound.. but selling pressure is so strong... i bet no rebound will occur later.. if you are trading/investing blue chips.. Too be sure.. stay in cash before August 2. They say cash is still a position. :)

by the way.. im disappointed with LCB. it failed its pattern which is subject for breakdown in a short term.. Sold mine for profit..