Recap Dow moved back to 18000 before its wild swings lower. All week gaps not filled and price actions going wild. Closed the week above Y-2 and below midpoint.
Outlook As explained in my newsletter for premium members, a correction is expected to start from the beginning of March and can last 1 to 2 months. The correction is now underway and it will not be an orderly environment.
Lawrence's Comment
Recap
Consolidation above former weekly resistance level. 100% absolute range bounded the moves. Closed the week above Y-0 and midpoint.
Outlook
Weekly level bull flag is now in place. A ...
Dow 30 Mar 16 to Mar 20 Outlook
Lawrence’s Comment
Dow moved back to 18000 before its wild swings lower. All week gaps not filled and price actions going wild. Closed the week above Y-2 and below midpoint.
Outlook
As explained in my newsletter for premium members, a correction is expected to start from the beginning of March and can last 1 to 2 months. The correction is now underway and it will not be an orderly environment.
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