Dow 30 Apr 11 to Apr 15 Outlook

By News Robot


Lawrence’s Comment

Recap
Pullback to Y-0 area as expected. Consolidation within 50% absolute range is also expected. A pretty quite week.

Outlook
The consolidation range created a strong tight range that will take a lot of effort to break out from. Both directions have similar chance to work out so no bias to lean on.
A break above B+1 points to 200% range expansion target at B+3.
A break below B-1 points to B-3.

Share

  • You must be logged in to comment. Log in