Remember that the 'deep pocket' traders are always looking toward the future. Apparently the damage to the economy has been 'dialed in' by the drop from 29K. An increasing market is an indication that the worst is nearly over and that things will improve.
Think about it. If you had tens of millions at risk, how many people would you have scouring the data and looking for trends as they begin.
If you are so sure about your expectations, I invite you to short the DJIA.
News 
Market Data 
Discover 
