The DOW is at a MASSIVE level because: On monthly/weekly it looks like it is re-testing broken channel. On the Daily he is touching some and on 4HR chart; it looks like 5 waves up.
I will be looking this chart very close to see if we can get a formation and rejections to confirm that a top might be in place. However, risk must be very tight here because this market is driving by but I do not know until when.
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I hope this helps!
Chief Strategist at Duarte Investment Group (DIG)