I had been noticing this form-a-like from the Dow the past few days.
Though the market is struggling to get its traction for a breakout, its been on the downtrend/sell off the past two weeks now.
Just for my own thoughts for noticing the form-a-like sheep because of the approaching holidays.
Maybe the market will surge before the Christmas?, who knows.
But the way I psych the market, seems it will.
The market is also an exercise in psychology and human emotions, I bet the market might get its bearing before the year ends.
See the charts and form your own visualization.