Dow 30 Dec 30 to Jan 03 Outlook

By News Robot

Lawrence’s Comment

Recap
Dow updrift / seasonal took it to upside target of Y+2. Stalled since. Closed the week above Y+1 and midpoint.

Outlook
Seasonal strength ended last week. Low volume environment can work both ways. If there is not much news shock to bear, consolidation in tight range is expected. If there is news shock, Dow can swing wildly without long term implications.

Best to stay away until after new year.

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