DJIA made a new all-time high last night (17.560). The trend is very bullish as long as price remains above 17.500. Below 17.500, next big level of support is @ 17.280, which is the September high. The market is clearly “overbought” here, but we have to respect the trend.
Dow Jones Industrial, 4-hour candles:
Chart courtesy of Investing.com. http://investing.com
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