Three Kings presents the Dow to 20k (well near enough for rock n roll), and aside from a push outside of the bollinger I cant see any good reason to sell. The structure is looking good for a climb into MLK and into the Inauguration to complete the next major arms of the T structure.
If the strength continues, the immediate target is 2293-5, and then a Fibonacci extension of the last rally, in line with the previous one, projects 2320s.
Having said that, lots of selling on Friday under the hood as indicated by the T volume oscillator's drop back to near zero, so we should keep an eye on this for any hints of a failure.
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