Dow 30 Jun 06 to Jun 10 Outlook

By News Robot

Lawrence’s Comment

Bullish target above Y+1 tagged in the beginning of the week as expected. Then the surprise part was a quick run down breaking Y-1 in one go. That puts Y-2 and Y-3 in play. Got both after retest of Y-1. Closed the week bouncing off Y-3.

The upside breakout last week turned into a breakout failure, that puts the other extreme in play as shown in STOPD.
The odds of a bounce to Y-1 or dropping further to Y-5 is 50/50. However one of them being tagged next week has 90% odds.


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