Recap Out of the 100+ years of historical data I have, there were only a very small number of matching patterns for what has occurred last week in the Dow. Intraday price dynamics was the only reliable tools in handling the situation with lower risk comparing to swing trade.
Lawrence's Comment
Recap
Y-1 holds gave us a push for Y+1 and above. Consolidation around Y+1 after 100% absolute range expansion. Closed the week above Y+1 and near week high.
Outlook
4 ...
Dow 30 Mar 21 to Mar 25 Outlook
Lawrence’s Comment
Out of the 100+ years of historical data I have, there were only a very small number of matching patterns for what has occurred last week in the Dow. Intraday price dynamics was the only reliable tools in handling the situation with lower risk comparing to swing trade.
Outlook
See comment on S&P500.
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