Dow 30 Aug 29 to Sep 02 Outlook

By News Robot

Lawrence’s Comment

Recap
Dow coiled up on Monday led to attempt to clear Y+1 but failed. Y-0 not strong enough as support, gave way to more selling down below Y-1. Friday event led to spike up challenging Y-0 yet failed again. Closed the week near Y-2 and below midpoint.

Outlook
Wide range reversal week. Y-1 / B-0 strong resistance. Y-3 to B-2 in play.

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