DJIA – Dow Industrial Average (Last:25219)

The Dow’s leap Friday well above an important prior peak and a major midpoint pivot (p) at 25047 significantly shortens the odds of a further rally to the 26734 target shown. For the moment, however, I’d suggest using 25,890, the secondary pivot’, as a minimum upside objective. If it’s hit by Thursday, or better yet exceeded, that would make additional progress to 26734 a lock-up as far as I’m concerned.  For trading purposes, and to sharply reduce risk, we can use the relatively short A-B segment begun 24490 on Feb 14 for entry set-ups. Stay tuned to the chat room for real time guidance on this if the opportunity beckons.