DJIA review

I recall that I have an entry earlier when DJIA broke 10,000 points. My comment was that we were still not out of the woods although DJIA was climbing, DJIA can reach 10,500 before it drops. However, I did sound a bit arrogant during the process.

As I go through the chart today, it is still climbing up reaching a level of 10,246 last night. My comment remain the same. DJIA is still inside the envelop of the wedge. There is a trend resistance at 10,523. So I gather that it is likely make its way there before any changes in trend.