The Dow Jones is in a precarious spot and is going to be hard to call. I have been eyeing this upper gap for some time with an expectation of a fill, notably we created one today that is below us. The upper gap would clearly put us in line with a Santa Claus rally. I've been bearish forever and do expect the lower one to fill eventually. Not financial advice, DYOR
Santa rally could continue today (Thursday) and tomorrow (Friday) Great start to the Santa rally yesterday.
Solldy
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Curious presentation of technical analysis arguments 🤔 The only note I would put a lot of accent on the cluster analysis, but that is a matter of taste.
ChartProphet
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@Solldy, Gaps fill more often than not. I think if we get a Christmas rally it will be short into next year if that.
UnknownUnicorn15614419
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Very good reasoning for the idea. I even left a few notes from it on my chart. Thanks, for your view, mate!
ChartProphet
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@TradingStat, Thanks for the support! Glad I can help!
Great start to the Santa rally yesterday.