To me this is pretty simple, the Dow was provided with support by the 50 Moving Average and appreciating, but the Coppock curve is still negative so I would wait till the 20,700 make to buy. Also the ADX Green Line has finally crossed over representing a new trend change. So I would buy until the Trendline resistance.
Dow Jones Industrial Average Back to 20000
This is an update on this earlier forecast from 28-01-2017: We have seen a retrace below the 19925 followed by a surge up to 20250 as predicted. See snapshot below: It looks like the Dow Jones is topping. Notice how (on balance) volume and price start to diverge. This is a clear sign of weakness. The previous analysis is still valid: Expect a notable...
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron