Since the March bottom, the $DJI has held its up-sloping trendline quite well. The trendline is drawn from the low of the head, to the bottom of the right shoulder, in the inverted head and shoulders on the weekly chart. I'm watching this rising resistance closely in that the trendline doesn't get penetrated . If the trendline is broken, this should allow for a minor correction. The rally today came after testing resistance helping to move the $DJI higher over 100 points.
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