Whilst most investors are contemplating the upcoming end of the economic world, the chart of the most talked about index in the world continues to show strength up here.

Since rallying near 2500 point since the January lows, the DJIA is now consolidating above the line over the 2015 tops.

djia chart

It has even made a sneaky back test or two to be sure.

What does this mean?

It could be a bullish sign, or it could fail. But that line underneath is the key. If it hold above and begins to make new highs for the year, we could see a bit of a rally into the elections.

Food for thought.