US Market Update

The daily chart formations for the DOW and SP500 have completed.

However, I am not closing out my trades in these two markets since they completed a running wedge on the weekly charts.


The completion of the running wedge puts the DOW at 32K and the SP500 at 3500.
The Russell 2K is still advancing but taking an eternity to get to its price target of 1750.

Naturally, I regret closing out the NASDAQ trade early since it has been the strongest market.

The completion of this running wedge puts the NASDAQ at 10,000.