Recap The FBO short play worked out perfectly with Y-1 tagged by the end of the week. Y-0 acted as resistance all week. Closed the week near Y-1 and week low.
Outlook B-0 resistance until proven otherwise, potential daily down trend in the making.
Lawrence's Comment
Recap
NQ gapped higher to start the week. Clearing the resistance right off the start gave it a bullish bias to push higher. Lack of volume reduced the volatility. Closed ...
AUDUSD Jun 29 to Jul 03 Outlook
Lawrence’s Comment
The FBO short play worked out perfectly with Y-1 tagged by the end of the week. Y-0 acted as resistance all week. Closed the week near Y-1 and week low.
Outlook
B-0 resistance until proven otherwise, potential daily down trend in the making.
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