Dow 30 Mar 28 to Apr 01 Outlook

By News Robot

Lawrence’s Comment

Out of a rare event, we get rare price actions. Out of last week’s rare price actions and price patterns, however, the behaviour matches the small number of historical occurences that printed higher high for the week and refused to tag even the midpoint of last week.

Very likely driven by the external events outside of the stock market itself again this week. On intraday basis, last week behaves pretty well in terms of predictability and STOPD levels are honoured. So it is better to wait til things settle down before committing to swing level trading.


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