Hope you had a good weekend.
One instrument I’m looking at is the [B]Dow Jones Index[/B] which has broken above the 1 month consolidation between [B]16950 and 17150[/B] (chart below).
It was able to muster its way up to ~17360 before forming a mild pullback on some possible profit taking.
For now, I’m remaining [B]bullish while above 17150[/B] and will look to [B]buy on pullbacks[/B] into the level [B]trading with the trend[/B].
Upside targets will be 17290, 17350 and 17500. Only a daily close below 17100 will change my short term bullish bias.
Good trading for the week!