Recap Easiest play of the week. As expected, any pullback is a buy until Y+2 is tagged. And the last of week melt up tagged both Y+2 and Y+3 in one shot making it a nice surprise.
Outlook B+1 will be taken out quickly. As long as B-0 to Y+2 acts as support more upside is expected. There is a 50/50 chance for consolidation within B-0 to B+1.
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Lawrence's Comment
Recap
Y-0 support gave us up drift to B+2. Reaction to FOMC meeting swinged NQ back down to Y-0. Closed the week near Y-0 and below midpoint.
Outlook
B-0 / ...
Lawrence's Comment
Recap
NQ gapped up to my upside target then sold off hard to th below Y-1. Once NQ reclaimed Y-1, it started a strong sequeeze back up to near week ...
EURUSD Apr 11 to Apr 15 Outlook
Lawrence’s Comment
Easiest play of the week. As expected, any pullback is a buy until Y+2 is tagged. And the last of week melt up tagged both Y+2 and Y+3 in one shot making it a nice surprise.
Outlook
B+1 will be taken out quickly. As long as B-0 to Y+2 acts as support more upside is expected.
There is a 50/50 chance for consolidation within B-0 to B+1.
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