Dow 30 Mar 05 to Mar 09 Outlook

By News Robot

Lawrence’s Comment

Recap
Mentioned that it is a wait and see moment. And in fact we have got this outside week that spent most of its time within a tight range. Closed the week near Y-0 at midpoint.

Outlook
Outside week closing back into Y-0. 2 weeks in a row around same closing area. Sign of indecision.

Without a strong move moving out of this zone, it will be a difficult market to trade on swing basis.

Daytrading also difficult in this environment unless your focus is straightly scalping.

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