Dow 30 Jan 23 to Jan 27 Outlook

By News Robot

Lawrence’s Comment

Recap
euro zone development killed the potential selloff. Short squeeze breakout normal target to Y+2 / Y+3 completed. Closed the week at Y+3.

Outlook
At the cost of driving away normal investors, once again we witness rally with no volume. Pullback from such rally are very quick and steep.

Somewhere below Y+4 will put a cap to this squeeze and if Dow quickly drop below B+1, Dow will collapse back down to Y-0 easily.

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