The DJIA formed a weekly reversal pattern after breaking to a new record high The trend is most likely to continue higher BUT bearish positioning on a rebound has a good potential R:R / better chance of success near major resistance
Scenario A) Dow rebounds to previous record high level and turns lower for larger correction toward 25400 Scenario B) fakeout was temporary weakness and Dow moves on to new records
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Well that was quick... hit 25600 in 3 days - expecting volatile continuation lower