Dow 30 Mar 24 to Mar 28 Outlook

Recap
Rare case scenario opened above the top of the resistance zone mentioned last week. That triggered a strong squeeze to above Y-0. Tricky but not unexpected. Upside push to equal distance from Y-0 and stalled. Closed the week near Y-0 and midpoint.

Outlook
Inside week with midpoint near Y-0 is indecision. Completely denied us from any useful directional information.

We know that 16100 was rejected decisively. We also know bulls has no fuel once above 16300. This gives us a unique breakout play.

We need 2nd confirmation from a move out of this range for directional play.