DOW S&P MonthlyUS markets pushing up from the April 50% level, with the extended target the April highs.
As long as price remains above the 50% level the view is to continue higher
DOW S&P WeeklyAs per previous Weekly report.....
I was looking for a short-term pullback into the Weekly 50% levels from a higher Weekly open this week.
This played out with a 2-day pullback and then a higher Weekly close (shorten trading week).
Next Week:- I would treat US markets with the same patterns....
Around the Weekly highs random resistance and short-term pullbacks within the 5-day pattern in a rising trend.
One thing to keep an eye out is......
Rising Weekly ranges but shorter in length and coming into the last week of this Month.....
Especially if there is any break of the 5-day lows....
- Daily Trading Set-ups & Analysis
