We’re in earnings season and about to go into a Fed blackout period, so today’s Fed and other central bank speeches will probably set up the markets for the next set of rate hike expectations. The Dow Jones Industrial Average I believe is in a 5 wave move and somewhere in the 5th wave. This means we could get a period of correction or a possible reversal. Impulsive moves tend to be a law unto themselves, so there is no guarantee we see the rejection of these levels, but as price takes out previous levels at daily highs, we can drop down to an intraday chart and anticipate a corrective pattern to develop.
For more trading details, please check the hyperlinks with time stamp indicated from the video: