Dow 30 Feb 22 to Feb 26 Outlook

Recap
Dow elected to go higher and cleared the neckline as mentioned last week. This led to short squueze action as predicted by custom breadth forecast. Closed the week above Y+1 and midpoint.

Outlook
Short squeeze driven rally does not last. One more push into the parking zone last year around B+2 will likely result in exhaustion.