Recap V-reversal not confirmed by end of week. Range bounded move all week between Y-0 and Y-1. News shock later in the week led to 2-way fade out. Closed the week below Y-0 and above midpoint.
Outlook Potential spike and ledge top in the making. Brexit will tell us if that is true.
Lawrence's Comment
Recap
NQ held Y-0 and lifted higher to Y+1. Consolidated right under Y+1 until FOMC announcement. Since then breakout upside until 4900 round # was tagged. Closed the week above ...
Lawrence's Comment
Recap
ES did sold off from the beginning of the week off the 3 pushes up formation. Yet Y-0 acted as support and continue its parabolic path going higher. ...
AUDUSD Jun 20 to Jun 24 Outlook
Lawrence’s Comment
V-reversal not confirmed by end of week. Range bounded move all week between Y-0 and Y-1. News shock later in the week led to 2-way fade out. Closed the week below Y-0 and above midpoint.
Outlook
Potential spike and ledge top in the making. Brexit will tell us if that is true.
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