YM1/DJI: A New ATH!!! After nearly 8 months, the DJIA finally
printed an ATH and did it several times during the session. This is a Point of Recognition for the market. Like it or not, the DJIA is the blue ribbon index. People look to it. Despite multiple ATHs by the Nasdaq and recently by the SPX, people still have doubts about the bull market. Today's ATH could remove the last lingering doubts. Can you say MELT UP?
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Sub (3) target reached. Outside upper BB. Should pull back to Sub (4) at R1 and Fib 38.2
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Like Clockwork
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