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Lawrence's Comment
Recap
Y-0 resistance dropped ES down to 100% range expansion target and spike reversal from there thanks to rumors about Greece. Then ES tested previous resistance zone and collapse right ...
Lawrence's Comment
Recap
Last week's warning that once Y-0 failed to act as support, Dow has no support until 12500. There it was. Sold off to 12500 and took off. ...
Lawrence's Comment
Recap
Violent reactions to hold onto the uptrend after breach of Y-1 has failed as the resistance zone above was rejected decisively. That opened the door to Y-1 again and ...
Lawrence's Comment
Recap
As expected euro strength continues. The normal consolidation of 50% previous week range also happened, this time above Y+1. Closed the week at Y+1 and below midpoint.
Outlook
As ...
AUDUSD Jul 25 to Jul 29 Outlook
Lawrence’s Comment
Channel breakdown play worked out perfectly with Y-2 target tagged. Closed the week near Y-2 and week low.
Outlook
Potential weekly down trend in the making. B-0 / Y-1 resistance must hold for further downside push towards B-2 and below.
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