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Lawrence's Comment Recap As expected drop down to B-1 area. 100% absolute range expansion completed. Closed the week near midpoint. Outlook The spike low against Y-1 means support is found at that level. ...READ MOREIntraday Cycle Projection (YM) 2012-10-013DP Odds Table (YM) 2013-04-22Real-time Commentaries 2015-10-6GBPUSD Aug 29 to Sep 02 OutlookS&P 500 Sep 19 to Sep 23 Outlook3DP Odds Table (DJIA) 2022-05-263DP Odds Table (YM) 2019-06-053DP Odds Table (DIA) 2015-04-243DP Odds Table (YM) 2019-06-07Real-time Commentaries 2015-6-24
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Dow 30 Jul 20 to Jul 24 Outlook
Lawrence’s Comment
Violent reaction to Greece situation kickstarted the week. Strong gap breakout to the upside points to Y+3 in play. We got Y+3 and Dow was stuck since. Closed the week above Y+2 and B-0.
Outlook
Upside triangle with upside breakout from the week before the prior one is a dirty bottom. This implies the strength we see so far is not natural. A test of Y+1 is necessary in coming weeks.
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