41 & 85 points DOW"
DOW Weekly and daily range
With Friday’s close above the highs and my expectation of a double top ‘sell’ pattern failing to eventuate, for this week it’s back to intra-day price patterns of range bars using support and resistance.
Early rise up into Monday’s highs and minor resistance, and should continue down and complete the 85 point range in after hour trading.
For the past 7 weeks the market has remained within the boundaries of the Weekly highs and Weekly 50% level.
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