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
S&P pullback was expected and pretty much landed and ended at the Y-0 support precisely. Since then S&P drifted back up to new high again. Closed the week above ...
Lawrence's Comment
Recap
Pushed higher to the resistance zone as mentioned last week and sold off from there. Gapped down to Y-0 eventually but buying below forced ES back up. Closed the ...
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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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