DOW and S&P MonthlyBreak and extend patterns from March continuing towards April's highs.
These break and extend patterns have provided reversal patterns in each Quarter:- October's highs & January's highs, and I'll be looking for the same patterns around April's highs
2nd Quarter target @ 1130 in the S&P, but in the short-term around April's highs I will look for reversal patterns once again back towards the Monthly 50% levels.
Break and extend will complete, and once again it will depend on how much 'lag' time there is in the DOW, as it seems the S&P will reach 1201 earlier.
DOW S&P WeeklyExpected resistance around the Weekly highs played out on the S&P, but not in the DOW.
And the lag time provided friday's rally into higher highs and likely to continue upwards early next week.
