Peer Over the Dow

We have a big week coming up in the market, including another widely-anitipcated FOMC announcement on Wednesday. I will have full coverage of the markets in my Weekend Video Strategy Session, later today.

For now, consider the Visa daily chart, below. Visa is now, by far, the most heavily-weighted Dow component. And it is therefore likely that whichever way V resolves out of the highlighted rising channel is going to shed light on the Dow's next big move, too. 

And some Sunday morning philosophy to consider: 10 Courageous Ways to Live Life Without Regrets (click here for article).