Recap Consolidation around previous week close. Found resistance from Y+1 / week mid later in the week. Closed the week above Y-0 and below midpoint.
Outlook Potential spike and ledge in place. Break of B-1 points to B-3 first target. As long as B-1 holds, Dow still in good position to challenge B+1 again.
Lawrence's Comment
Recap
Tagging Y-2 in the beginning of the week confirmed our bearish view. Pullback failed to go above Y-1 leading to a push down to Y-3. Closed the ...
Lawrence's Comment
Recap
Mentioned last week euro support is Y-0 and there we got the heated fights 3 times within the week. At the end the bears are toasted with Y+2 upside ...
Dow 30 Jan 06 to Jan 10 Outlook
Lawrence’s Comment
Consolidation around previous week close. Found resistance from Y+1 / week mid later in the week. Closed the week above Y-0 and below midpoint.
Outlook
Potential spike and ledge in place. Break of B-1 points to B-3 first target. As long as B-1 holds, Dow still in good position to challenge B+1 again.
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