TARGET REACHED Dow Jones at 37,242 - Still bullish

Reverse Cup and Handle formed on Dow Jones.

The price broke up and since then has been rocketing to its first target at 37,242.

Now that it is the new year generally we can expect the January Effect to kick in with enhanced optimism and positive buying.

I don't like the USD looking to strengthen though, that might change the course.

RIght now I don't have a setup or pattern line up. SO we will just go with the momentum and trend.

Let's see if we can hit 40,000.