I usually don't look at line graphs, but I decided to look at a DJIA 15 minute line graph. I'm kind of glad I did because I didn't realise DJIA was at such a critical moment. It looks like it is poised to break the 10280 level, which was previously support throughout November and December, but then became resistance during this recent sell-off. If it breaks past this resistance and stays above it, we might be in for another run higher. And this time, I hope it'll break above the 10720 area.
It all depends on the employment outlook on Friday though. That's what I think at least...
Yes, I'm all rose-coloured glasses again...
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