Trading Edges That Last
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Dow 30 Jan 25 to Jan 29 Outlook
Lawrence’s Comment
Beautiful perfect drop to Y-2 and staged a bounce from there as expected. Who says we cannot tell where the markets are heading? Closed the week below Y-0 and above midpoint.
Outlook
Conoslidation actions around close / B+1 likely until FOMC announcement. Open gap above strong magnet pulling Dow up for a test of B+2 as well.
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