No Peerless Sells but DJI still falls more than  6% from top.

                   The 4 most commonly occurring conditions for these declines are:
                      Nine past cases to 1929

                      IP21 drops below its 21-dma (8/9)
                    
Overhead resistance (7/9)
                      Well-tested price-uptrendline is broken (6/9)
                     
A/D Line trend-break (5/9)

         www.tigersoftware.com/NOSELLS/INDEX.htm 

Overhead resistance:   Nov -1935, July 1939, Aug 1953, Aug 1962, Sept 1984, June 2004,Oct 2011 (7)

   H/S:  Nov -1935, June 2004 (2)

   Well-tested price-uptrendline is broken: Nov 1936, July 1939, Aug 1962, Oct 1963, Ju;y 1997, Nov 2011 (6)

   A/D Line trend-break: Nov -1935, July 1939, Aug 1953, Aug 1962, Oct 2011 (5)

   IP21 drops below its 21-dma after DJI rally: Nov -1935, July 1939, Aug 1953, Aug 1962, Sept 1984, Aug 1997
                                                                       June 2004, Oct 2011 (8)

   Drops only to rising 65-dma: Nov -1935,  Sept 1984

Overhead resistance, H/S, A/D Line trend-break, IP21 drops below its 21-dma after DJI rally.
Well-tested price-uptrendline is broken
DT3536.GIF (17233 bytes)
Overhead resistance, A/D Line trend-break, IP21 drops below its 21-dma after DJI rally.
Well-tested price-uptrendline is broken

DT39.GIF (18962 bytes)
Overhead resistance, A/D Line trend-break, IP21 drops below its 21-dma after DJI rally.
DT53.GIF (16630 bytes)
Overhead resistance, A/D Line trend-break, IP21 drops below its 21-dma after DJI rally.
Well-tested price-uptrendline is broken.
DT62.GIF (16472 bytes)
All-time high, badly lagging A/D Line, H/S, IP21<0, almost Sell S12.
Well-tested price-uptrendline is broken
DT63.GIF (17450 bytes)
Overhead resistance, Flat resistance, IP21 drops below its 21-dma after DJI rally.
DT84.GIF (16713 bytes)
All-time high, over-extended well-tested price uptrend is broken,   IP21>its 21-dma.
DT97.GIF (15493 bytes)
Overhead resistance, H/S, IP21 drops below its 21-dma after DJI rally.

DT04.GIF (19951 bytes)
Overhead resistance, A/D Line trend-break, IP21 drops below its 21-dma after DJI rally.
Well-tested price-uptrendline is broken
DT11.GIF (21827 bytes)