Dow 30 Jul 06 to Jul 10 Outlook

By News Robot

Lawrence’s Comment

Recap
Bearish bias played out well last week. Normal breakdown play target Y-3 tagged and acted as support. Price consolidated since. Closed the week near Y-2 and midpoint.

Outlook
Situation in Greece can cause extreme volatility that do not mean anything. Until the first reactions are done, we need to be patient in dealing with the aftermath on Monday.

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