Dow 30 Aug 01 to Aug 05 Outlook

By News Robot

Lawrence’s Comment

Recap
Weakest of the big 3 indices, Dow consolidated around Y-1 without giving us any directional move. Closed the week below Y-1 and near midpoint.

Outlook
Bull flag on daily is bullish. Upside breakout with Y-1 / B-0 acting as support will give us a run towards year high ay Y+1.

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