DOW is very possible that has finished the upward move that started at 14551. The entire upward move is a clear move up and is most probably complete. The correction that started yesterday I think is not just a small one day pull back. I think the decline will last at least a couple of weeks and will target at least the 38% and 50% Fibonacci retracements.
I don’t think there is more room for an upward move above 15700 for the current period. A pull back is needed for bulls to re-energize and let sellers test support levels. We are bearish and we expect prices to move lower towards 15200-15100 at least. In case there is a bigger degree correction at force, we should see support at 14980 fail.
As always, thank you for taking the time to read my new post.