Dow 30 Aug 03 to Aug 07 Outlook

By News Robot

Lawrence’s Comment

Recap
Dow gapped down to longer term critical support level and rallied from there since. Although Dow has tried hard to push higher it did not get Y-0 at the end. Closed the week below Y-0 and above midpoint.

Outlook
B-0 / Y-1 potential support but not necessary a strong one especially if B+1 / Y-0 is tested first and rejected.

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