The Dow went up today, 79 points. The market is still overbought, and the proprietary indicator still declined today. Unless the market goes up tomorrow the moving average will decline further. Does this indicate the up move is over? I think it does, again, unless the market has a decent gain tomorrow. Let's see how this plays out--the market does usually go up before a holiday, but the question is whether the move will be enough to change the direction of the moving average and keep the Stochastics above 80.