A DOWNTREND signal was initiated yesterday in the DOW and the EURO(now +113).  The anticipated COUNTERTREND move was short-lived and has now turned into a DOWNTREND signal.   Interestingly, THE BOARD signalled “NO CONFIDENCE” in the COUNTERTREND move and has been evidenced by the recent action.  Falling Stochastics indicate the potential for lower prices as the conjunctive relationship continues.