Dow 30 Aug 29 to Sep 02 Outlook

By News Robot

Lawrence’s Comment

Recap
Collapsed down to target as expected BUT that is not shown in the chart because the selloff happened in afterhours. Bounced off that afterhours low and never looked back. Rallied to fill the closest upside gap before stalling. Closed the week above Y-0 and B-0.

Outlook
As Y-1 was rejected and traded higher since, the target of B+1 will be tagged someway. During this upcoming light volume week and a long weekend, stock market has higher odds in drifting up.

Share

  • You must be logged in to comment. Log in