Dow 30 Aug 17 to Aug 21 Outlook

Recap
News shock over weekend helped Dow to open above Y-0 which ignited a squeeze to the crime scene where the previous breakdown started. Bad news hit the next day sending Dow opening below Y-0 and filling the weekly gap. More news shock led to flush low below Y-1. A complete reversal happened and brough Dow back up to Y-0 quickly. Closed the week near Y-0 and above midpoint.

Outlook
The open gap above is inviting Dow to push higher quickly next week. A break below B-0 and that turning into resistance will force Dow lower to Y-1 and below.