Trading Edges That Last
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As Featured In
Dow 30 Feb 08 to Feb 12 Outlook
Lawrence’s Comment
Limited upside done on Monday. Held onto 50% pullback from the swing low 2 weeks prior. Test of Monday high failed and stalled back down to Y-0. Closed the week near Y-0 and midpoint.
Outlook
Stronger than both ES and NQ, Dow defended Y-0 by close. As long as Y-0 holds, Dow can go higher to B+1 and B+2. Breaking below B-1 will confirm double top setup with B-3 target.
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