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 around B+1 until NFP Friday likely.
Lawrence's Comment
Recap
Pullback to Y-1 as expected. Found support and zoomed back up until 100% absolute range expansion. Closed the week near Y-0 and midpoint.
Outlook
Normal pullback in progress. Holding Y-0 / ...
Dow 30 May 30 to Jun 03 Outlook
Lawrence’s Comment
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 around B+1 until NFP Friday likely.
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