Dow 30 Dec 12 to Dec 16 Outlook

Recap
As expected we got the pull back I was looking for, but the target of Y-0 was not tagged. Instead, Dow stopped above it when 100% absolute range expansion was reached. Bounced above midpoint to close the week.

Outlook
Difficult week to trade – lower volume due to year end, holiday season, and a not so ordinary quarterly option expiration.

Will stay of the trading unless something compelling comes up.

e.g. a quick break of B-1 with that turning into resistance, will be interested in the selloff down to B-2 as a minimum.