Dow 30 Dec 07 to Dec 11 Outlook

By News Robot

Lawrence’s Comment

Recap
Perfect double top on daily sent Dow back down to double top target. Technical buying / short covering started and sent Dow straight back up. Closed the week near Y+1 and above midpoint.

Outlook
V-shape reversal points to more upside in store. Y-1 / B-0 now strong support until proven otherwise.

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