Dow 30 Apr 18 to Apr 22 Outlook

By News Robot

Lawrence’s Comment

Recap
Intense fight at Y-0 for control early in the week. Bulls won the battle and led to breakout above Y+1 and tagged Y+2. Closed the week above Y+1 and midpoint.

Outlook
Very serious divergence from ES and NQ in terms of weekly structure. If Dow top out this week, we have a short term swing top that points to much lower prices going into May.

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