So the DOW has reached the target area posted on 28/12/2018 . The chart of the DOW on that date is shown below:
DOW today :
So reached and surpassed the target 24280 (ish) -
Wedges typically have a throw over so could trade up to around 24600
Options expiration may be affecting this move up
So what next?
a few scenarios
1 a pullback from here and rally resumes
2 rally carries on to 24600 to form a throw over and then a sharp drop.
Remember in bear markets - rallies like this will give investors reason to believe the bull market is back;
Bear markets on average last 10-15 months
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