Montly DJIA through December 2004

Here's the monthly chart of the DJIA, back from 1978-Dec. 2004. The price bars have been red until the month of December and now that the bar is green, it would seem to indicate higher prices for the Dow. However, if you look back over the chart, there are occasions where there's a single price bar of a different color, then the previous color resumes after that---I guess you could call it a fake-out move, or false move. Is December 2004 a false upward move, not indicating a new trend higher, but an exhaustion of the upward price swing? It's really unclear from the indicators I use, so I can't make a prediction from this chart.