Dow 30 Apr 25 to Apr 29 Outlook

By News Robot

Lawrence’s Comment

News sent it down to below Y-1. However, Y-1 did not act as resistance, thus the original target of March high is still in play. Gapped thru the March high leading to short squeeze that printed new high for the year.

The gap now becomes the support zone. It is a large range thus the fight in that area will be complex and messy. As long as the week can close above B-0, a retest of B+1 and new high are likely.


  • You must be logged in to comment. Log in