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.