En Garde: A French phrase meaning on guard, used especially in fencing to warn fencers to be ready to begin a bout. Trend lines across the board are in danger of being taken out as the retracement rally from March 23rd is hitting stiff Fibonacci resistance. The Hourly Stochastic (traded in the PRO service) has triggered a Buy Signal. In light of all of the above, some of which is illustrated in the DIA charts below, today's closing two hours carry special significance just as the calendar is flipping a new monthly page. En Garde.
