Least Expected would Trigger DOW's Direction Soon Enough!

After Consolidation!

The #DOW recovery from a lower opening in the US session is back on the saddle @18217 to this writing with the #DXY making minor adjustments along with Oil prices. More importantly is the fact that these incremental net changes in both up & down swings is part of the overall consolidation pattern.

This has been our stand for quite sometime, as the extended consolidation is defined. The market conditions are ripe for a break and even a not too surprising rally for the DOW from the consolidation soon enough. But not necessarily described as forming the 'Golden Cross in the SP500 best described as the 50 DMA have crossed the 200 DMA that provides the signal.'

What this all means is that the market is simply waiting on two aspect components that would trigger the market direction. Once its made, expect the first signal to come from the least expected market indices.

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