Dow 30 Jun 06 to Jun 10 Outlook

By News Robot

Lawrence’s Comment

Recap
Consolidation into NFP Friday as expected. Sudden weakening of USD against other majors on Friday gave the stock market strength to hold up. Closed the week above Y-0 and midpoint.

Outlook
Tight range week with both boundaries tested multiple times means breakout play in the making. First strong directional move outside of the current range will be the direction to play for coming few months.

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