Dow 30 Mar 26 to Mar 30 Outlook

By News Robot

Lawrence’s Comment

Recap
Got the pullback as expected. Found support from previous breakout area. Closed the week near Y-0.

Outlook
More consolidation / pullback until the multiple weeks rally is absorbed.

Gaps not filled everywhere – above, below, and choppy price actions throughout the week. Tight range most of the days too.

If US dollar index pushed lower in coming weeks, we will likely get a retest of the year high.

Next week if Dow can hold 13000, a run back up to B+1 is likely.

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