Here is my intra-day chart of DIA, the un-leveraged ETF of the Dow Jones Industrial Average:
It's a snapshot of my 30 minute chart that highlights a few key indicators. First, the upward sloping channel up from Thursday's low prices through today's highs has been breached to the downside. Second, the False Bar Stochastic has turned down from Overbought. Finally, my bias trend system (left chart) flipped from Long to Short early this morning.
This chart is targeting 76 for this move, approximately 7600 on the DJIA. I own the February 80 puts, currently at 2.25 and will have intrinsic value of 4.00 if DIA drops to 76 anytime before expiration on February 20th. I'll be out way before then.