Update on market direction.
For those of you following, it’s the same familiar chart. The Market has been reasonable predictable up to this point.
It is a pivotal week for the Dow. Currently capped by 24050, pulling back to the orange green cross illustrated.
From there should take another Run at 24050, a break above leaves targets in place, but failure here retests 18213, which is unlikely to hold.
As always don’t take my word for it, do your own research. I only seek to illustrate probable market direction, not to give investment advice.
It is a pivotal week for the Dow. Currently capped by 24050, pulling back to the orange green cross illustrated.
From there should take another Run at 24050, a break above leaves targets in place, but failure here retests 18213, which is unlikely to hold.
As always don’t take my word for it, do your own research. I only seek to illustrate probable market direction, not to give investment advice.
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