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As Featured In
Dow 30 Jul 28 to Aug 01 Outlook
Lawrence’s Comment
Gap down to start the week with a test of Y-1. Y-1 rejected decisively led to a run towards the resistance zone mentioned last week. Spent most of the week holding above Y-0 until the sudden collapse. Closed the week below Y-1 and midpoint.
Outlook
Potential weekly and monthly FBO in the making. More downside is expected as long as B-0 is not breached.
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