Dow 30 Sep 08 to Sep 12 Outlook

Recap
Y-0 resistance gave us a pullback to Y-1. Dow found support there and zoomed to Y+1, yet failed to stay above. Dow failed on retest of week high and dropped back down to week low. More buying showed up when rumors were spread about the situation at Ukraine. Closed the week above Y-0 and midpoint.

Outlook
Outside week. Strong close suggests a retest of Y+1 and B+1 in the making. Intresting though the swing pattern is not as bullish as it looks. Risk of a drop back down to B-2 and below is high given Y+1 acting as resistance.