Dow 30 Nov 16 to Nov 20 Outlook

By News Robot

Lawrence’s Comment

Recap
Clean spike and ledge setup worked out perfectly tagging target near Y-3 and no support until 200% range expansion was completed. Closed the week near Y-4 and week low.

Outlook
The terrorist event in Paris at the end of Friday can lead to unexpected outcome this coming week. Swing resistance stands at Y-2 / B-0 while a gap down to 17000 round number lines up with 5% pullback can happen as early as Monday.

Share

  • You must be logged in to comment. Log in