Dow 30 Nov 21 to Nov 25 Outlook

By News Robot

Lawrence’s Comment

Recap
Instead of selling right off the start of the week, the 3 stock market indices chose to form a bigger top and sold off hard the rest of the week. Our projection of a week long pullback nailed that and Dow closed the week above Y-1 after trading below that briefly.

Outlook
Dow rejected Y-1 meaning that it wants to go higher from here as long as Y-1 down to B-1 acts as support.

Early in the week if we get a buy setup, a strong rally taking Dow back up to fill the gaps above.

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