Dow 30 Mar 21 to Mar 25 Outlook

By News Robot

Lawrence’s Comment

Recap
Multiple gap down early in the week was defended at Y-0. Eventually, breakout of the bull flag and led to a run to target above Y+1. Reverse waterfall effect sent Dow straight up to above Y+2. Closed the week above Y+2 and near week high.

Outlook
Blow off top in the making. No one can tell how far it will go but a sharp drop back down to below B-0 on weekly closing basis will confirm the rally is over.

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