Recap Upside target that was not tagged the week before was finally done this week. Dow consolidated since and moving in tight range into month end. Closed the week near Y+1 and midpoint.
Outlook NFP week again, classic NFP playbook will take over with Europe crisis to spice up the volatility. We may get Dow to swing both way extremely fast. More a day trader playground than a functional market.
Lawrence's Comment
Recap
A weak version of what happened to Dow. 50% previous week range. Closed the week at Y+1 / previous week close and below midpoint.
Outlook
If we are getting a spike ...
Dow 30 Mar 02 to Mar 06 Outlook
Lawrence’s Comment
Upside target that was not tagged the week before was finally done this week. Dow consolidated since and moving in tight range into month end. Closed the week near Y+1 and midpoint.
Outlook
NFP week again, classic NFP playbook will take over with Europe crisis to spice up the volatility. We may get Dow to swing both way extremely fast. More a day trader playground than a functional market.
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