DOW

Who was it that used to post about Batman ears formations?!....we have one on the DOW, i was thinking about it at the end of last week thinking the charts were looking like one and then this morning has put in the start of the second spike!

www.thestreet.com/investing/dow-futures-...ven=YAHOO&yptr=yahoo

Feels like a pump to test double top from recent sell off point...(also looks like batman....)

dow - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...zlTYYLcaEJGWfQZpM%3D

Vaccine news could well be largely priced in these markets now.....this failed to make and hold above a higher high...
I think this broadening triangle is in play imvho.....

lets see...
atb, wdik,dyor,
trendfriend

Assume that's the pattern II was looking at the other day.

Pullback to fill the gap would seem likely, question is does it carry on or reverse from there and then breakout if the wedge is in play.

dow - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...VpiO+QdkpTojYPyGiJU=

dax - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...4mNeT+KiENFT8PVdBag=

ftse - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...uG+KURipEUUu5T/Mxyk=

no stopping these markets.....standing in the way of bulls is dangerous.....
All 3 main indices showing bull flag consolidation.....and for the dow it looks like a higher high and breakout form the flag....could well be the start of the next leg up....
careful if your short....maybe time to hedge....
if your long enjoy the rally...

crazy markets imho.... but it is what it is...
atb, wdik, dyor,
trendfriend