Recap My bullish view is proven correct. Y+1 was tested mid week and eventually taken out by end of the week. Closed the week above Y+1.
Outlook Weekly and monthly critical zone reached. Turning back down below Y+1 and that turning into resistance will force Dow to drop down to B-1 easily.
Lawrence's Comment
Recap
NQ never traded lower to test B-1, forming a dirty bottom and squeeze higher. This led to weaknesses at Y+1 and double top. Once the selloff started it can ...
Dow 30 Feb 20 to Feb 24 Outlook
Lawrence’s Comment
My bullish view is proven correct. Y+1 was tested mid week and eventually taken out by end of the week. Closed the week above Y+1.
Outlook
Weekly and monthly critical zone reached. Turning back down below Y+1 and that turning into resistance will force Dow to drop down to B-1 easily.
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