The Dow finishes on a high for the week and the wedge or ending diagonal pattern has been breached.
Often these breaches are what are termed a throw-over and do not often last.
The bears capitulate and drive prices higher on weak volume.
A pullback into the wedge to be followed by a breakdown as the bulls take profits.
Make no mistake that we are at the termination point of a wave 5 larger pattern.
Prices have risen way too fast and far...a true bull market would see rising volume, not only has volume decreased but a Hindenburg omen is on the clock.
How far can long term rates rise without stopping this freight train?
April/May will surprise many.
Enjoy your weekend
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