DOW opens with triple digital gains and is trading above 25000 handle. This represents prior resistance at 24995.24, and 50% retracement of 25800.35 to 24217.47 at 25008.91. Rebounds from 2418.47 has resumed and should now target 61.8% retracement at 25195.68 and above.
But, for the moment, rise from 24217.47 doesn’t have impulsive look. So, it will likely start to feel heavy above 25195.69.