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Lawrence's Comment Recap Bottom was not retested. Instead we got a gap lower play and rallied since. Dow ran back up to Y-0 / gap area and stalled from the resistance zone ...READ MORELawrence's Comment Recap Got Y-2 as expected. Intervention type news shock from there is also expected. Closed near the high of the week and above Y-0. Outlook euro has not snapped out of ...READ MOREDow 30 Mar 20 to Mar 24 OutlookIntraday Cycle Projection (DJIA) 2016-11-283DP Odds Table (DIA) 2020-02-073DP Odds Table (YM) 2018-05-213DP Odds Table (DIA) 2021-06-303DP Odds Table (DJIA) 2012-04-13Real-time Commentaries 2015-12-4Dow 30 Jul 01 to Jul 05 OutlookAUDUSD Jul 11 to Jul 15 OutlookEURUSD Jul 02 to Jul 06 Outlook
As Featured In
Dow 30 Sep 08 to Sep 12 Outlook
Lawrence’s Comment
Y-0 resistance gave us a pullback to Y-1. Dow found support there and zoomed to Y+1, yet failed to stay above. Dow failed on retest of week high and dropped back down to week low. More buying showed up when rumors were spread about the situation at Ukraine. Closed the week above Y-0 and midpoint.
Outlook
Outside week. Strong close suggests a retest of Y+1 and B+1 in the making. Intresting though the swing pattern is not as bullish as it looks. Risk of a drop back down to B-2 and below is high given Y+1 acting as resistance.
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