Dow 30 Jul 09 to Jul 13 Outlook

By News Robot

Lawrence’s Comment

Recap
3 pushes up and a slide back down to 3 pushes up downside target. Holiday trading with very light volume throughout the week. Closed the week below Y+1 and midpoint.

Outlook
Multiple gaps created both to the upside and downside. These gaps are likely to be resolved in very volatile fashion. No real direction for swing trade until Dow move out of this gapped zone between 12400 to 12900.

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