Profunds index and sector trading

[Namiar]

Let me see if I can clarify your comments.

If the DOW should happen to continue northward from this mornings high of 10314, then it is a good probability to consider that the lows of Wed/Thu will hold as downside support.

If the Dow fails to move up, then we may anticipate further correction.

However you use the term "overbought pullback" implying that you believe that ultimately this rally still has some legs. Which differs from the roadmaps offered by some which believe that the rally is nearly finished.