The Dow is at a very interesting level today. It has hit an upper trend line we have been following from February 2019 to February 2020 and its also at a point where we would expect other Indices to take a breath.
This does not mean we think the market is going to collapse – it simply means this could be an opportunity to confirm a major long term trend on the Dow.
We’ll be keeping an eye on this over the coming days/ weeks to identify potential long (or short) entry points.