US markets are following the Weekly trend upwards towards 13970 in the DOW and 1555 in
the E-mini.
The first reference this week on any further moves are the Weekly highs in both markets (Green Channels)
The market is moving higher, if there is going to be any down day this week before the trend resumes upwards, then the most likely level is going to be around these Weekly highs.
I do expect higher prices, but I would also like a down day back into the trailing 5-day 50% level, which now match the 3-day lows, before the market continues higher into expiry.
No high probability trades for Tuesday
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