Dow 30 Jun 15 to Jun 19 Outlook

Recap
Dow extended its losses early in the week with wedging actions gave us a clue that this could be an FBO against Y-1. Confirmed by Wednesday with a very powerful gap and go run back to Y-0. Y-0 turned into support and sent Dow higher until top of former consolidation zone was reached. Friday rollover let to a drop back down to week mid. The gap shown is because of premium difference with September contract. Closed the week near Y-1 and below midpoint.

Outlook
Jun contract itself does not look as weak as the continuous contract suggests. That implies the gap fill above has a real chance to happen early next week.