Recap Consolidation with a twist – huge intraday volatility. Other than that, equal distance from Y-0 and open points to a normal week of consolidation after the wild week prior. Closed the week above Y-0 and midpoint.
Outlook Inside week with Y-0 and B-0 near each other. For a bear flag on daily the run from last week was too steep. For a reversal, it is too choppy and slow. We are looking at further consolidation this week until one side gives up.
Lawrence's Comment
Recap
Y-1 held early in the week and then staged a higher low breakout to the upside. Tagged Y+2 by end of the week. Closed the week above ...
Lawrence's Comment
Recap
Drifted back to Y-0 as expected, failed to hold the zone led to a quick selloff of 100% absolute expansion andbounced off right there. Closed the week ...
Dow 30 Jan 26 to Jan 30 Outlook
Lawrence’s Comment
Consolidation with a twist – huge intraday volatility. Other than that, equal distance from Y-0 and open points to a normal week of consolidation after the wild week prior. Closed the week above Y-0 and midpoint.
Outlook
Inside week with Y-0 and B-0 near each other. For a bear flag on daily the run from last week was too steep. For a reversal, it is too choppy and slow. We are looking at further consolidation this week until one side gives up.
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