The Dow Jones shows power at the start of the new trading week

The last PG on the hourly chart has now been completed. With a very typical buying wave on Friday, facts were once again created. New highs are therefore again on the agenda.

Congratulations to all who were able to cut a part from the movement. The trend is clearly upwards and you can see that in this PG. A wavy and longer downward movement and a sharp and fast upward movement. The performance is still worth seeing and makes hope for more.

H1 = 830 points

Fib Expansion

Fib Expansion + Channel

Here I have drawn possible targets with the help of the Fib Expansion. The Fib channel and its expansions is also new to me but the tools are also getting better. Maybe the Dow still forms another PG today, because hope never dies.

Source: (Guidants/Godmode Trader) & JFD Broker & Binance

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