Recap Breadth weaknesses dictate the week even though there were multiple attempts to rally the market back up. Closed the week below Y-0 and midpoint.
Outlook B-0 / Y-0 zone resistance until proven otherwise. Need that to turn into support before Dow can move higher.
Lawrence's Comment
Recap
Upside target tagged right at the start of the week. Turned into FBO and dropped back down to Y-0. Found support there and eventually rallied back up to clear ...
Dow 30 Apr 11 to Apr 15 Outlook
Lawrence’s Comment
Breadth weaknesses dictate the week even though there were multiple attempts to rally the market back up. Closed the week below Y-0 and midpoint.
Outlook
B-0 / Y-0 zone resistance until proven otherwise. Need that to turn into support before Dow can move higher.
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