Dow 30 Jan 27 to Jan 31 Outlook

Recap
As mentioned last time, the market is unstable. Violent breakout happened to the downside. Sold off all the way to below Y-3. Closed the week below Y-3 and at week low.

Outlook
Some more downside is expected early next week. Authorities will likely come out to b.s. the market back up. That points to a bounce back up to Y-2 potential.

This drop is completely expected – both by market breadth signals and analog to Y2K.