Recap Last week’s warning that once Y-0 failed to act as support, Dow has no support until 12500. There it was. Sold off to 12500 and took off. Rallied all the way back to Y+1. Closed the week near week high.
Outlook As long as B-0 (preferrably higher) acting as support, more upside is expected.
Overview
Emini overnight range 2077.50 to 2112.00 (at 9:10 am)
Overnight Midpoint 2095.50
Previous Week Mid 2103.50
Battleplan for the Day
(premium member only content below)
Dow 30 Jul 30 to Aug 03 Outlook
Lawrence’s Comment
Last week’s warning that once Y-0 failed to act as support, Dow has no support until 12500. There it was. Sold off to 12500 and took off. Rallied all the way back to Y+1. Closed the week near week high.
Outlook
As long as B-0 (preferrably higher) acting as support, more upside is expected.
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