The bullish tune last week wasn't surprise at all. Sometimes trading is easy, such as it was last week. This week shouldn't be surprising either. Fridays session produced strong buy weekly candle.
Next target will be the 1131 resistance where the price is going to make very important decision about the path for the next few months: to resume the long term trend or to fall into down swing. If we break 1131.23 could pick up the 1148 high, where the left shoulder's resistance is.
According to the current count the "C" leg or 3th wave is still missing.
Good luck!
2 comments:
There is P&F target 1187 after clear 1108 and 11200 for dow..
I think that this rally might just go over 1220 above.
1220 is gonna be lower top for sure, but there is one question that bothers me- WHEN-
After short swing or just next month. I'm getting close to the answer..very soon.
Thanks for the comment
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