Trading Edges That Last
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Dow 30 Aug 15 to Aug 19 Outlook
Lawrence’s Comment
The wildest swings within a week in US stock market history. Closed the week above Y-1.
Outlook
The waterfall selloff is now completed and that the first leg of this selloff is over.
If in coming few days Dow just moving around the B+1 to Y-1 zone, the selloff will resume to at least retest the low (B-1).
Daytrading is still better than swing trading in this environment.
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