The “big” story in the mass media currently is that the DJIA has “again” made another new high, indicating that all is “well” with the economy. It’s onward and upward from here. If you believe that there is a bridge for sale back there in Brooklyn at a very attractive price affordable to any middle class person that is interested.
Today the NYSE index is up a fraction of what the DJIA is. Unlike the DJIA the NYSE cannot be manipulated. It would be too “expensive” and unwieldy to interfere with. It would also make the manipulation too transparent were the “Federal” Reserve to pump sufficient money into its components, even by devious means.
The H&S of the NYSE is still intact. Not so the DJIA, which seems to have been the objective so “news” sources could line the pockets of the banksters at the expense of the naïve.