The weekly view of JCI shows the market has reached previous high levels (left edge of left chart), and may be putting in a potential double top (left chart, current).  The lift from JCI sine 2003 has done so in a contracting wedge: a break of the pattern could offer opportunity. IF we do see a break to the down side, there is a possibility to see a  drop back to the lows of the chart and the blue s/r trend line (left chart).  Note however there are a few technicals that would need to be moved through on the way down, and any could offer support.  As each break, they offer a potential move to the next technical, and a potential opportunity depending on your own risk preferences.  The right chart (daily) shows the most recent action and the near term technicals to be watching for market reactions.

JCI SII page