Recap Euro broke below Y-0 and gave us Y-2 as expected. Nice surprise that it dropped straight down to Y-3. Closed the week near week low and around Y-3.
Outlook Weekly reversal in place. B-0 has to act as resistance for the down trend to be intact. More downside is expected.
Lawrence's Comment
Recap
Cleared Y+1 early in the week and tagged target Y+2 as expected. Bad news produced a shock taking ES back down to Y-0. Closed the week above ...
Lawrence's Comment
Recap
NQ bounced to above Y-0 and found resistance. Could not hold above Y-0 and gave us the expected drop to Y-1 for a test. Previous week close holding NQ ...
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EURUSD Nov 04 to Nov 08 Outlook
Lawrence’s Comment
Euro broke below Y-0 and gave us Y-2 as expected. Nice surprise that it dropped straight down to Y-3. Closed the week near week low and around Y-3.
Outlook
Weekly reversal in place. B-0 has to act as resistance for the down trend to be intact. More downside is expected.
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