13 August 2019 High was 26405 and then the 22 August 2019 the high was 26375 giving a difference of 30. Taking the 22 August 2019 high of 26375 and deducting 30 gives 26345. I cannot see ISM and NFP doing the rally any favours next week due to seasonal effects and we may see GDP drop due to the current weakness. German QE is locked in the German courts and there is quite a lot of resistance - which is not covered in the press. I therefore cannot see us break out of the DOW range of 26440 to 25200 yet.
Be good to hear other opinions?