Bull traps are back this week. With bulls failed at 34460 and 34105, the Dow is heading down to 33498 until new traps are spotted.
Price movements in Week 1 confirmed two levels for future references: 33498 and 32990. Both levels are below closing price of Week 1.
1. cvx 2. mrk 3. amgn 4. trv 5. cat 6. ibm 7. ko 8. wmt 9. hon 10. jnj 11. unh 12. mcd 13. gs 14. v 15. axp 16. dow 17. pg 18. ba 19. jpm 20. aapl 21. wba 22. hd 23. csco 24. vz 25. msft 26. mmm 27. dis 28. nke 29. crm 30. intc
