Dow 30 Mar 17 to Mar 21 Outlook

Recap
Previous week close acted as resistance, gave us a quick drop back down to Y-0. Bounced from Y-0 yet failed again to clear previous week close told us Dow is weak. Clean break of Y-0 opened door to all out selloff back down to Y-1. We got Y-1 in 1 go and consolidated around there since. Closed the week below Y-1 and near week low.

Outlook
Directional sell from last week points to further downside likely.

A quick bounce from below B-1 to above Y-1 will setup a squeeze back up to B-0.

Extreme volatility expected going into last 2 weeks of March.