Recap Snapped back up to Y-0 as predicted. Failed to hold above Y-0 and falled back down to Y-1. Effectively consolidated within Y-1 to Y-0 area. Closed above midpoint of the week.
Outlook Potential bottom in place on daily.
Not much resistance directly above until B+2 at 12200.
Lawrence's Comment
Recap
As expected, not much movement for this pair due the rally made the week before this past week takes some time for the players to digest. The ...
Dow 30 Jun 20 to Jun 24 Outlook
Lawrence’s Comment
Snapped back up to Y-0 as predicted. Failed to hold above Y-0 and falled back down to Y-1. Effectively consolidated within Y-1 to Y-0 area. Closed above midpoint of the week.
Outlook
Potential bottom in place on daily.
Not much resistance directly above until B+2 at 12200.
Share