Recap As noise coming from various events dying down, normal behaviour came back. A breakout of Y+1 points to Y+2 target for the week. That was completed by Friday.
Outlook The reaction to Y+2 implies a pullback to B-0 is likely. If B-0 acts as a platform, B+1 will be challenged and B+2 is the next likely upside target.
As explained on Sunday, Emini S&P500 is about to challenge the first quarter mid zone. Here we are, right there inside the zone. The fight has been messy but it ...
Dow 30 Apr 04 to Apr 08 Outlook
Lawrence’s Comment
As noise coming from various events dying down, normal behaviour came back. A breakout of Y+1 points to Y+2 target for the week. That was completed by Friday.
Outlook
The reaction to Y+2 implies a pullback to B-0 is likely. If B-0 acts as a platform, B+1 will be challenged and B+2 is the next likely upside target.
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