Dow 30 Aug 08 to Aug 12 Outlook

By News Robot

Lawrence’s Comment

Recap
Y-0 resistance dropped Dow to Y-1 and then Y-2. Found support at Y-2 and zoomed back up to Y-1 and NFP Friday took Dow up to Y+1.

Outlook
Not your typical NFP week but the script was played out as expected. Weekly bull flag upside breakout gave us Y+2 July high target.

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