A view on Dow Jones

The Dow's break above 9,750 early week targets 10,550. Remains in a corrective trading range of 10,550 to 9,800. The Dow has now had 3 shots at breaking lower, all have failed to follow through. The Dow has yet to make a higher low, therefore remains well within the trading range. The most probable outcome during the week is for an attempt at making a higher low between 9,800 and 10,000 and thus break the pattern of lower lows into the last low of 9,614, which would set the scene for an assault on resistance at between 10,400 and 10,500.