Dow Jones Still In Uptrend (Higher Low Needs To Hold)
If this uptrend is to continue, this higher low that was formed today needs to hold.
I don't believe a top is in yet, not until 42,000 area. I believe NFP will be bullish.
I don't believe a top is in yet, not until 42,000 area. I believe NFP will be bullish.
Note
41,000 is a very strong support level using Anchored Volume Profile
Note
If this up channel can hold after that sell off from Tuesday, then I believe it can squeeze more to the upside. If that higher low starts to fail and price starts selling off again then I will have to reevaluate.
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