Not only did DJIA hit 50% retracement of price and time right at the downsloping trend line from the top but it also reached the upper ML of a major set coming from Roofer’s The Trade setup at March bottom:



I lost this set from sight after reaching the main ML in May - it was beyond my imagination at this time that the upper ML could be reached in this move …

Third time was the charm, jarek. But with a 32.25 point rise off the low, I'd say the PPT MRRD's were out in full force, as expected. I didn't get much sleep, with a range since yesterday's GLOBEX high to close now of over 76 points in smooth trends!!!