Dow 30 Jan 12 to Jan 16 Outlook

Recap
The biggest drop in Dow during first 3 days of a year ever happened. Then a equally impressive recovery back to above previous year close was made in just 2 days. By Friday though Dow dropped lower and failed to hang onto positve close for the year. Closed the week at Y-1 and above midpoint.

Outlook
B-0 is asking for a retest. B+1 very strong resistance. Chart pattern suggest both upside and downside expansion at 50/50. This is very rare price formation. Swing traders do not have strong bias on their side to play this week.