All of the time as I sit and look at markets trade I am looking for "tells". Those little correlations or negatively correlated markets that give a clue to what may happen in another market.
One of the things that I seem to have noticed over the last couple of months is the propensity for Deckers Outdoor (DECK) to lead the Dow Jones Industrial Average (DIA).
So, here are a couple of charts of DECK and DIA. They are 5 minute barcharts of the last few days.
Let's see what happens to the DIA.....