Trading Edges That Last
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Dow 30 Dec 16 to Dec 20 Outlook
Lawrence’s Comment
Was looking for a down move and we got it. Seasonal bias gave us the strong swing down til Thursday. Closed the week below Y-1 and midpoint.
Outlook
The seasonal bearish bias was used up last week. If Dow can find a swing bottom early next week Christmas rally will send Dow back up to year high before Christmas.
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