INDEX:DOWI DOW Industrials
This is an overlay on weekly chart 26-week, 52-week and 104-week . Price action clearly shows reaction to these MAs despite the unusual setting. As we can see, there is no reversal chart pattern, the MAs are wide as ever and now DOW is near the all time high. This rally is going to continue until it doesn't so anyone who does not agree should stay cash and not try to short.