Dow 30 Jul 01 to Jul 05 Outlook

Recap
Bottom was not retested. Instead we got a gap lower play and rallied since. Dow ran back up to Y-0 / gap area and stalled from the resistance zone I mentioned last week. Closed the week above Y-1 and midpoint.

Outlook
Starting the week from middle of nowhere is always a difficult play.

As long as B+1 is acting as resistance, a potential long term top is already in place. Another leg down will put 14250 in the radar.

If Dow can clear 15000 in 1 go and staying above. It will open the door to a new year high quickly. I would say within a week or 2 to get to 15500.