The Dow (YM) is a classic example of selling distribution volume.
Chart 1 Daily
This shows 10 days of selling volume occurring at the top of the uptrend (indicated by the red arrows), with the Hawkeye trend going white indicating no momentum.
Chart 2 Weekly
This shows three weeks of neutral volume (indicated by the red arrow) with a Hawkeye pivot (red arrows) to the left so we expect a 3,5,7 bar reversal.
Note: the red arrows are placed for illustration only, and are not part of the software
Until 15,640 is broken on close this is just a pull back in uptrend. If that price level is broken a new weekly downtrend will be in place.