Dow (June 6 view)

After a difficult start to the year, Dow Jones reversed all losses and turned slightly positive YOY, with daily market volatility being at its lowest since April-May were rather dull. It is hard to short this market for intraday or swing moves and profit. The May low at 17,331 and the April high at 18,167 set the alert levels if and when a new trend emerges.