Recap Worst Thanksgiving week in history. Pure selloff breaking every support level after they are touched and bounced off from. Ended the week closing at Y-3 and completed 100% absolute range expansion to the downside.
Outlook B-1 is likely to be breached early next week. Key level to watch is B-2 which matches Y-4 at the same time. If Dow can find support there a bounce will likely take Dow back up to B-0.
Lawrence's Comment
Recap
Y+1 acted as resistance on first test and sent cable down to support zone mentioned last week. Cable rallied straight up from support back up to Y+2 my upside ...
Lawrence's Comment
Recap
Monday price shock failed to force ninja down to Y-2. FBO against Y-1 lead to Y-0 test. Y-0 acted as resistance and sent ninja back down to Y-1. Closed ...
Dow 30 Nov 28 to Dec 02 Outlook
Lawrence’s Comment
Worst Thanksgiving week in history. Pure selloff breaking every support level after they are touched and bounced off from. Ended the week closing at Y-3 and completed 100% absolute range expansion to the downside.
Outlook
B-1 is likely to be breached early next week. Key level to watch is B-2 which matches Y-4 at the same time. If Dow can find support there a bounce will likely take Dow back up to B-0.
Share