DislikedGood morning Very impressive and nuanced rendition of Beethoven's sonata Yes, the Dow conquered the trend line and the Fibonacci resistance, and seems to be ready for more. Next levels about 500 and 1400 points to the north. At the rate it's been going so far, the top level, and a challenge to all-time-high, looks possible. But things may change at any time. This afternoon will be interesting. {image}Ignored
Yes, the Dow is looking like it wants higher now, but these markets are full of surprises these days.
Dax is currently making up its mind on R2, and there are bound to be sellers here, just depends who wins. If the shorts win, then it could be all the way back down to today's CP @ 11,167, or, if the bulls push it higher, then it's the R3 area between 330-350.