Dow 30 Jun 27 to Jul 01 Outlook

Recap
Dow gapped higher on news related to Brexit. News driven market all the way right up to Brexit. Brexit led to gap down on Friday to Y-1 and sparked a quick rally back up to midpoint / Y-0. Y-0 resistance gave us 100% expansion off the upside range established. Closed the week below Y-1 and near week low.

Outlook
Outside down week is bearish. More downside is expected. Once key support zone on monthly is tagged we can expect very sharp reversal.