Dow 30 Oct 24 to Oct 28 Outlook

By News Robot

Lawrence’s Comment

Recap
Sold off early in the week holding Y-1 and immediately retested Y+1. Midweek selloff produced a higher low and by Friday, broke out above Y+1 and tagged Y+2.

Outlook
IHS visible on 30-minute and higher timeframe points to 12000 area.

IHS confirmed failure means a selloff breaking below B-0 will send it back down to B-2 quickly.

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