DOW JONES INDUSTRIAL AVERAGE INDEX - $INDU 
Monthly chart indicates the bulls have managed to run the index straight up for seven months in a row without any signicant pullback. The index is currently above both the 8ema and the 13sma. The bulls found resistance right at the .443 fib retracement level, where initial profit-taking began to take place. Time to drill down to lower timeframes to look for sell signal as indication of a more significant pullback.
Weekly chart shows regular divergence developing on the cci Momentum indicator. Currently we can see a three wave pattern into the .448 fib retracement level. Coincidentally, the .448 fib retracement level also happens to be right at the 89sma.
Daily chart shows a sell signal in place, with a lower high made on September 29, 2009, when the bears managed to take the index to a break of the up trendline in place, and below the 8ema.
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