Dow 30 Oct 28 to Nov 01 Outlook

Recap
A repeat of previous week’s tight range up drift. Supports were bought and no weaknesses / price break to sell into. 2nd test of previous week close gave Dow a reason to go higher and tagged Y+2. Closed the week at Y+2 and week high.

Outlook
2nd week in a row with reduced range. Breakout mode in place.

Probably surprsing to many, the odds favour a breakout to the upside first. Whiplash actions potential.