DJIA - Up on increased volume confirming the low supply testing...

DJIA - Up on increased volume confirming the low supply testing yesterday so I would expect this to now attempt a push at our recent levels above - and we have a cluster of them.

re chart - we are at the upper tine of the black pitchfork - we have our high at 12284 - we have the blue median line of our overly steep blue pitchfork which take us up to 12400 +.
The failure to return to the median of our red uptrending pitchfork on the last low sees us breaching at least the previous high and heading up towards the red upper tine.

DJIA Daily



DJIA Monthly - note have returned to the black median




XJO - up on increased volume confirming the low supply test from yesterday. The narrow spread we don't like so much suggesting some resistance coming in - but I think our market will like the nature of the green night on the DOW and give us a nice push up