Recap Dow stays near unchange and then breakout to the upside. Cannot stop until 200% absolute range expansion was reached. Clsoed the week above Y+3 and near week high.
Outlook Signs of exhaustion showing with multiple open gaps below. B-0 retest likely.
Lawrence's Comment
Recap
NQ was the strong one and its bullish bias to tag Y+1 was fulfilled in the beginning of the week. From there we got an unusual consolidation around the ...
Overview
Emini overnight range 1827.25 up to 1856.75
Overnight Midpoint 1842.00
Pivot 1841.00
Emini S&P is now trading at the bottom part of its range with a gap down.
...
Dow 30 Oct 26 to Oct 30 Outlook
Lawrence’s Comment
Dow stays near unchange and then breakout to the upside. Cannot stop until 200% absolute range expansion was reached. Clsoed the week above Y+3 and near week high.
Outlook
Signs of exhaustion showing with multiple open gaps below. B-0 retest likely.
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