Whether the Dow Jones will continue higher or not will be decided by the 31213.50 price level and that means as long as there is no weekly close below there is a chance that the blue path will lead the way.
The red dashed path comes into play once 31213.50 is broken and left down.
All indices will have a similar course.
The red dashed path comes into play once 31213.50 is broken and left down.
All indices will have a similar course.
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Note the gap on the left @ 33703...is still open...the question is if it will close this year or next.
We will get an answer by Wednesday evening at the latest if the price does not rise above the falling black resistance line.