The sentiment associated with the Dow chart patterns are extremely disturbing, the percentages are well beyond their typical range(65% - 85%). This type of signal is usually accompanied with significant downward pressure, as seen historically -- click on the links below for a detailed analysis.

Dow component price simulations from mid March to mid April remain weak at 54% with IBM chart patterns casting remarkable negative trends at 28%. Detail price analysis of each component available in links below.

A side note, JP Morgan Pays $2 a Share for Bear Stearns -- JPM's chart patterns are weak, to say the least.

28% ibm
35% mmm
38% jpm
42% dd
42% ge
42% aa
42% xom
46% c
50% axp
50% hon
50% hd
50% mcd
50% pg
53% pfe
53% gm
53% mrk
53% aig
57% msft
57% vz
57% ko
57% wmt
61% ba
64% cat
64% hpq
64% jnj
69% dis
71% t
71% utx
78% intc
78% mo