Dow 30 Feb 10 to Feb 14 Outlook

By News Robot

Lawrence’s Comment

Recap
Dow could not hold above Y-1 leading to continuation sell down to below Y-2. Formed double bottom and zoomed higher back up to above Y-1 and initiated a squeeze to Y-0. Closed the week at Y-0 and near week high.

Outlook
NFP week ended like a normal NFP week. So it is likely to play out like a normal post NFP Monday and Tuesday.

Very violent price swings are expected with limited upside potential.

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