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Lawrence's Comment Recap Remember I said "it was confusing" last week? It is. The week started with a flush to Y-1 yet no breakdown. A test of Y-0 right after ...READ MORELawrence's Comment Recap Breakout to the downside after failure to clear the upside resistance. ES tagged the downside target mentioned last week perfectly and then bounced. Closed the week below B-0 and ...READ MORELawrence's Comment Recap Cable tried to bottom yet not producing a strong reaction at Y-1 to go higher. Instead, it is trapped below the 1.66 key price level mentioned last week. Closed ...READ MORE3DP Odds Table (DJIA) 2011-06-03Dow 30 Sep 10 to Sep 14 OutlookEURUSD Mar 27 to Mar 31 OutlookS&P 500 Jun 24 to Jun 28 OutlookWeekly Cycle Projection (YM) 2013-02-04Intraday Cycle Projection (DIA) 2019-03-27GBPUSD Sep 01 to Sep 05 Outlook3DP Odds Table (DIA) 2013-04-02Intraday Cycle Projection (DIA) 2020-10-28Weekly Cycle Projection (DJIA) 2012-08-20
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Dow 30 Jul 04 to Jul 08 Outlook
Lawrence’s Comment
Y-1 was not touched and we get the rally we expected. Better yet, it is exactly 200% absolute range expansion. What more can we ask for?
Outlook
200% absolute range expansion is also often exhaustion. This coming week will likely be consolidating within Y+4 and Y+1 to B-0. This range is big enough for several major swings. Good daytrading opportunities ahead.
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