The Dow has been consolidating above the previous top trend line that formed at its ATH for the last 6 months, forming a bull flag. CPI is tomorrow and we are at resistance, so expect fake outs but since there has been 3 touches on top and bottom trend line of bull flag, The Dow has no other choice except to break out of the bull flag.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.