Recap As stated in my newsletter to my premium members, an average of 2% drop is expected in December before year end rally can happen. And here we are, having the quick flush down to Y-4 right on schedule. Closed the week below Y-4 and at week low.
Outlook Monday’s reaction to the Friday low will determine if the short term bottom is in place. B-1 holds B-0 will be in play this week. Premium members already know what the bias is.
Dow 30 Dec 15 to Dec 19 Outlook
Lawrence’s Comment
As stated in my newsletter to my premium members, an average of 2% drop is expected in December before year end rally can happen. And here we are, having the quick flush down to Y-4 right on schedule. Closed the week below Y-4 and at week low.
Outlook
Monday’s reaction to the Friday low will determine if the short term bottom is in place. B-1 holds B-0 will be in play this week. Premium members already know what the bias is.
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