Dow 30 May 25 to May 29 Outlook

Recap
Consolidation week before Memorial holiday is the norm and we got exactly that last week. Tight range consolidation around Y+1. Closed the week below Y+1 and midpoint.

Outlook
Mild bearish reading in custom market breadth points to pullback on daily in the making. Once B-1 is breached, we can expect 100% expansion to the downside for which last week was extreme tight range.