Lawrence’s Comment
Recap Consolidation around prior week close as expected. Even the rush to Y+1 could not clear it. Closed the week above Y-0 and below mipoint.
Outlook
Post Thanksgiving bias points to a test of B-1 likely. Breaking that there is no support until B-2 and below.
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Dow 30 Dec 01 to Dec 05 Outlook
Lawrence’s Comment
Consolidation around prior week close as expected. Even the rush to Y+1 could not clear it. Closed the week above Y-0 and below mipoint.
Outlook
Post Thanksgiving bias points to a test of B-1 likely. Breaking that there is no support until B-2 and below.
Share