ContraryTrader

Dow Jones off to a big week

Long
TVC:DJI   Indice Industriale Dow Jones
chart pattern is clear : Base or consolidate a few days then bull flag. The only bearish thing about this picture is the leg ups are getting narrower. RSI has room. I charted a symmetrical triangle started in January. Technically chart looks bullish short term (remainder of april)

Fundamentally
Johnson &Johnson vaccine okayed again + Earnings are still in play.
Keep in mind d Powell speaks Wednesday at 2 addressing Interest rates and tax hikes

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