I suppose everyone will make the move together. Currently...

I suppose everyone will make the move together.

Currently watching other indexes, which show short term weakness I think, but still showing that the train is not off the rails yet.


FTSE:
At a S/R right now, diagonal and horizontal support still holding, although this is coming from a bear flag pattern.
Another couple down days and a weekly close lower might nudge it over the edge?




DAX:
Could be a nice double top here, and has fallen out of same bear flag as FTSE, but still holding horizontal support and uptrend channel for now.





Nikkei:
Fallen out of bear flag but still within lower uptrend support I think.
Note the Island Reversal pattern at the top too.






one that I do think is worth noting is the volume on the DowJ.
Appears to be a notable change in sentiment I think, just needs to follow through below 200 day MAs. What a run it's had!!!
(monthly chart)