Dow 30 May 16 to May 20 Outlook

Recap
Short squeeze back up to Y+1 as expected filling the open gap above. The move was so dirty that it was erased right after and led to spike reversal for Y-1 play. Tagged Y-1 at the end of the week. Closed the week below Y-1 and near week low.

Outlook
Outside reversal week is bearish for downside range expansion. Until normal target B-2 is reached there is no support.