Dow 30 Apr 01 to Apr 05 Outlook

Recap
The overall bullish bias is correct that Dow keep trying to push higher. The problem with that, however, is the lack of volume making it difficult to clear the 100% absolute range expansion boundary. Closed the week above Y+1 and midpoint.

Outlook
Dow turned into a rising wedge / bear flag formation. It points to potential short term rush to go a bit higher above B+1 but after that (and even without that) the consequence can be very bearish. A drop to below Y-1 is expected.