Idea I'm pondering

I'm toying, in my mind, with the idea that we will have some significant resistance at 12000 to work through.

and the idea that we will have a false bounce this week, that will be a "Short Term" reversal... One day.

Also

the 370 day... seems like a day that most the swing traders got involved... I'm not sure the possible short covering effect if say we have a 200 pt up-day... say tomorrow... after finishing this day down 100 roughly...

just an idea.