chrisatom
Long

DJI Clear skies to 26400?

DJCFD:DJI   Dow Jones Industrial Average Index
Another strong week, once again we didn't drop below the weekly pivot so bullish all week.

We had a weekly close above the monthly R1= bullish .

YR1P is at 26284, however it is in a low volume node and price could use quickly through to 26400, which was last years R1 pivot .

Volume profile showing nice positive skew and still building value higher. The profile needs to develop and thicken out a bit as the POC and major nodes are below.

As long as price is above 25600 this week I am bullish for the week. That means no shorts!
Comment: Same as last week, still we maintain above WP and grind up, reclaiming 26k. Next stop 26400
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