US Markets - Jan. 8, 2010

All scenarios still remain intact. The DJIA is almost complete with its bearish wedge. The range is narrowing daily, 10620-10520 for today. Preferably I would like to see a new reaction high above the trend line, and then a sharp reversal, today 10635 would suffice, although not required. Once the wedge breaks all markets will become lively very quickly. Coincidentally, the dollar is just about ready to resume its upward push. Complete scenarios this weekend. Good trading and stay lucky. -Dio.