How do long-running rallies end? Unless there is a powerful event they end not with a bang, but with a rolling over, taking out levels of support as they go. I1 has been declining since 9/13, or 7 trading sessions. It continues uninterrupted for 6 more sessions until 9/30, when it goes up slightly over a 6 session span. This would play out that by the 30th the DJI would crack it's 5-minute, 380-unit M/A -1.35% confirming weekly trend change in time for an advance back up to broken support. The initial play of this M/A is to cover some shorts 40 points beneath it, expecting a bounce back before attempting to break it again.
My next trade will be shorting SP futures on a 2.5 point break of the 125-hour M/A.