Lawrence’s Comment
Recap Dow popped higher yet failed to clear Y+2. Breached Y+1 by end of the week and dropped to Y-0 and below. Closed the week near Y-0 and week low.
Outlook
Potential FBO against May high. As long as Y+1 acting as resistance a move back down to Y-3 / B-3 is in play.
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Dow 30 Jun 13 to Jun 17 Outlook
Lawrence’s Comment
Dow popped higher yet failed to clear Y+2. Breached Y+1 by end of the week and dropped to Y-0 and below. Closed the week near Y-0 and week low.
Outlook
Potential FBO against May high. As long as Y+1 acting as resistance a move back down to Y-3 / B-3 is in play.
Share