@paddington bear, yes, one swallow does not make a summer lol.
Normally 2 to 3 closes to confirm a break out is wise.
However, I feel a long overdue rotation is underway … the DOW, DOW Transports and even Russell 2000 were up strongly last night, with Nas and SP500 heading down for a much needed change. Also, the advance/decline ratio on the DOW was a respectable 0.73.
Cheers
Dex
PS, excellent charting for you to spot that DF btw … thanks
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