Ideally the best reversal trends align with Friday's highs and higher timeframe levels"
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DOW Weekly and Daily range
DOW moved up into the Friday highs and reversed down into the 50% levels.
Last Week we had the same short-term sell pattern on Friday, but this time it's matched with the March Highs.
DOW has been lagging the S&P in market dynamics, and this occurred around January's highs before the market reversed down.
S&P hangs around the highs and waits until the DOW catches up, before proceeding to reverse back down, and I'm expecting next week to begin a short-term reversal pattern once again.
I’m not expecting the same reversal as in January, but I would like to see some short –term pullback before the continuation of the UP trends in the 2nd Quarter.
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