Dow 30 Feb 06 to Feb 10 Outlook

Recap
Took out Y-1 at the start of the week and recovered. A false breakout of one extreme points to the potential of tagging the other side in play. In this case that is Y+1 and Dow got there by Thursday. Closed the week at Y+1.

Outlook
Breaking below Y+1 with that turning into resistance will give us B-0 as a minimum.

Outside week historically have limited potential the next week to stretch much further in one direction, so Y+2 likely cap the up swing for now.