Dow 30 Dec 10 to Dec 14 Outlook

Recap
Dow was the one I was bullish on last week even though I am not on ES and NQ. It turned out to be correct. Out of the 3 indices, Dow held Y-0 and pushed higher above Y+1. Then by the end of the week, it gapped higher and never looked back. Closed the week at week high and above Y+1.

Outlook
A rare example on the indices why it is important to examine each index separately. It is absolutely possible for Dow to go higher while the other 2 drop. It shows the importance of doing your weekly homework and being objective with your chart reading.

Back to Dow. Uptrend intact. Rising wedge in the making. Combined with other indices, it is likely a terminate move to the upside.
So wait for the wedge to break, and our chance to join the winning side will come.