Recap Dow moved back to 18000 before its wild swings lower. All week gaps not filled and price actions going wild. Closed the week above Y-2 and below midpoint.
Outlook As explained in my newsletter for premium members, a correction is expected to start from the beginning of March and can last 1 to 2 months. The correction is now underway and it will not be an orderly environment.
Lawrence's Comment
Recap
Easy play of the week. As expected, upside breakout with normal Y+3 target tagged. Stalled from there since. Closed the week above Y+2 and midpoint.
Outlook
Gold did not end well ...
Dow 30 Mar 16 to Mar 20 Outlook
Lawrence’s Comment
Dow moved back to 18000 before its wild swings lower. All week gaps not filled and price actions going wild. Closed the week above Y-2 and below midpoint.
Outlook
As explained in my newsletter for premium members, a correction is expected to start from the beginning of March and can last 1 to 2 months. The correction is now underway and it will not be an orderly environment.
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