Lawrence's Comment
Recap
Zoomed higher in early part of the week due to rumors. Once Y+1 area failed to hold this market up, it slided back down to the strong ...
Lawrence's Comment
Recap
Dropped to Y-1 as expected. Bounced back immediately. Y-0 resistance stopped the bounce. Closed the week below Y-0 and midpoint.
Outlook
4 Hour down channel established. Until break out ...
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Lawrence's Comment
Recap
Gap down open led to an all out rally defending Y-0. The surprise move to many was good enough to get Y+1 early in the week. ES holding above ...
AUDUSD Oct 28 to Nov 01 Outlook
Lawrence’s Comment
Wild consolidation indeed. Aussie spiked up and down around Y+1 as expected and ended the week lower above Y-0 and near week low.
Outlook
Price above Y+1 is now decisively rejected. As long as B-0 / Y+1 is acting as resistance, B-2 is in play.
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