Morning gap up shows possible upside to 161.8% extension level.

With the multi year expanded flat completed, the index futures is heading into a possible new upside territory. Should the index breaks the red zone, we will see a further impulse on the upside.

Refer here to the previous 4hr counthttps://www.tradingview.com/chart/YM1!/I8oawEvc-DOW-Futures-50-0-retracement-must-not-BREAK/

Trade ist aktiv:

24667 level must be taken out in order to reach 161.8% extension level.