The Dow managed to push thnrough the upper trendline of the wedge yesterday in a possible "overthrow" and is extremely overbought on the RSI,as well as being only a few points short of the Jan high at 10730.I am surpised markets have managed to keep edging higher past the in fluence of the 1 year cycle and am wondering if the cycle is being slightly extended to merge with the 10 year cycle for the nasdaq high which comes in around the equinox this week.
The s&p has reached the 100% of 1st range projection and is backtesting the broken trendline.
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