DOW Daily Chart

The DOW gained 2.16% today, and in similar fashion to the SPX, it's threatening to move higher again. Above the DOW has resistance at 12,750 (which also intersects with the 50% fib level), but so far the DOW has a 9 day uptrend with higher highs and higher lows. The short term bias is up, but keep you're eyes open as the bears are still there as we experienced yesterday and they may be just around the corner.

DOW Daily Chart: