As I dig deep, beneath the euphoria in Egypt and the Bernanke-Geithner over extended 2-year stock and bond market rally, notice that the 21 day moving average of the DJIA Up-Volume minus DJIA Down-Volume may soon break to the downside. I bring this to your attention because a similar break occurred two days before the May 6th Flash Crash, on May 4, 2010. The DJIA 21-day moving average was also breached on the same day of the 4th, but the same scenario is now building as the DJIA 8-day moving average versus the 21-day moving average spread is beginning to narrow as of Wednesday, February 16th.
My original projection was March 3rd, however, momentum is gathering steam towards a potential earlier date. Thinking out loud, surprises often take place after a long holiday weekend (Presidents' Day in this case), and could produce my proposed "Flash Crash" or “Black Swan” unexpected event.
I do not write very often, but when I do see something of importance, I like to put the thought out for consideration before the potential event takes place, if it does at all.