Recap My bullish view is proven correct. Y+1 was tested mid week and eventually taken out by end of the week. Closed the week above Y+1.
Outlook Weekly and monthly critical zone reached. Turning back down below Y+1 and that turning into resistance will force Dow to drop down to B-1 easily.
Lawrence's Comment
Recap
First time since beginning of the year where Y-0 acted as resistance and gave us a selloff down to my target area 14800-14900. As I warned last week, beware ...
Lawrence's Comment
Recap
Resistance trend line breakout happened early in the week. Breakout play got us 100% absolute range exapnsion quickly. Closed the week above Y+1 and near week high.
Outlook
Consolidation ...
Lawrence's Comment
Recap
Negative news since the start of the week sent euro back down to near Y-1. Then b.s. rumors hit mid-week sending euro back up. Closed the week ...
Dow 30 Feb 20 to Feb 24 Outlook
Lawrence’s Comment
My bullish view is proven correct. Y+1 was tested mid week and eventually taken out by end of the week. Closed the week above Y+1.
Outlook
Weekly and monthly critical zone reached. Turning back down below Y+1 and that turning into resistance will force Dow to drop down to B-1 easily.
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