With the DJIA (and DIA) making new daily lows the June 8th High @ 27,580 (DIA 276.38) is gaining credence as being THE orthodox end of the counter-trend rally up from March 23rd. The Nasdaq took on the role of the "crazy uncle," but even that has turned negative for the day. Aug/Sep index puts are looking better, especially if there is an acceleration down into the close.
