Recap Dow stays near unchange and then breakout to the upside. Cannot stop until 200% absolute range expansion was reached. Clsoed the week above Y+3 and near week high.
Outlook Signs of exhaustion showing with multiple open gaps below. B-0 retest likely.
Overview
Emini overnight range 1895.75 up to 1914.50
Overnight Midpoint 1905.00
Previous Day Mid 1907.75
Emini S&P is now trading at the bottom part of its range with a gap down. ...
Dow 30 Oct 26 to Oct 30 Outlook
Lawrence’s Comment
Dow stays near unchange and then breakout to the upside. Cannot stop until 200% absolute range expansion was reached. Clsoed the week above Y+3 and near week high.
Outlook
Signs of exhaustion showing with multiple open gaps below. B-0 retest likely.
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