Dow 30 Jan 04 to Jan 08 Outlook

By News Robot

Lawrence’s Comment

Recap
Consolidation actions around Y+1. Lower boundary of open gap filled while crime scene above from the last sell off stopped the rally attempt. Closed the week near Y-0 and week low.

Outlook
Potential head and shoulder on 30-min for a rush back down below 17000 while Y-0 / B-1 acting as support decisively will carry Dow back up to B+1.

Share

  • You must be logged in to comment. Log in