Recap Upside target that was not tagged the week before was finally done this week. Dow consolidated since and moving in tight range into month end. Closed the week near Y+1 and midpoint.
Outlook NFP week again, classic NFP playbook will take over with Europe crisis to spice up the volatility. We may get Dow to swing both way extremely fast. More a day trader playground than a functional market.
Lawrence's Comment
Recap
I know what the sell up is, so does PPT. Intervention activities on full gear last week. First, breaking the resistance zone mentioned last week to induce a 1-2-3 ...
Dow 30 Mar 02 to Mar 06 Outlook
Lawrence’s Comment
Upside target that was not tagged the week before was finally done this week. Dow consolidated since and moving in tight range into month end. Closed the week near Y+1 and midpoint.
Outlook
NFP week again, classic NFP playbook will take over with Europe crisis to spice up the volatility. We may get Dow to swing both way extremely fast. More a day trader playground than a functional market.
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