SPX, NYA, INDU: A Thing Has Occurred

Since last update, INDU finally broke above its major trend resistance, but it looks like it may whipsaw (I call both false breakouts and false breakdowns "whipsaws."  I realize some people use different terms depending on direction, but I don't care.).  Here's the short-term chart to explain why:

The tricky thing is that on the long-term chart, it appears INDU may still be above the breakout line, but the resolution on these very long-term charts always makes attempting to narrow things "down to the penny" a bit sketchy:

NYA's chart is a bit higher resolution and NYA does look like it's still above its line, so we'll see if that apparent micro impulse (in the first INDU chart) does its job:

Finally, SPX is just a mess of chop at all the relevant time frames, but if INDU's micro impulse down holds, then SPX will likely follow suit:

In conclusion, INDU appears that it may whipsaw its breakout -- but if it doesn't and instead goes on to run higher again, then bears should be extremely cautious for the moment.  Trade safe.