Dow 30 Sep 05 to Sep 09 Outlook

By News Robot

Lawrence’s Comment

Recap
Attempted V-reverssal at the start of the week by holding above Y-0 failed. Dow collapsed lower until Y-1 was tagged. FBO against Y-1 gave us Y-0 target. Closed the week near Y-0 and above midpoint.

Outlook
Back to the former congestion zone that Dow spent months within. Dow failing to hold above B+1 will drop it lower back down to Y-1.

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