Some are indicating there is a growing number of bullish opinions about where the stock market may be headed, and yet there are also quite a few that are concerned about a possible short-term top and correction that may be developing. The nice thing about the charts is that they can be helpful in identifying the support levels that the market may dip to. How it works is that if one support level is broken, it makes it more likely the market could slip to the next support level, with those numbers representing short-, intermediate-, or long-term floors. Currently, the market action for this week has formed a very short-term support level of 25,700 on the Dow Industrials and 2770 for the S&P 500. If those numbers were to be broken, the next meaningful support areas are about 4% lower for each index, which is still considered a "short-term" area, as those levels of 24,800 on the DJIA and 2680 for the S&P were formed just a month ago. But, at least those support numbers give us some levels to watch to help to determine if a pullback is starting or not. If the market just keeps going up, so will the support levels...