I think This correction will run its course by end of this week. I Have weekly 50sma at 33800 and some strong price action support around 33600 if it drops under 33800. Once we complete the HEAD I think for the next month maybe 2 months we'll rally to 35,500 to make a shoulder. We're currently riding the bottom of the bollingerband on the weekly. In 10 yrs the Dow has only fell outside of its Weekly bollingerband 3x.
Let's see what happens
Let's see what happens
