Recap Got the pullback as expected. Not much else to play with since. Closed the week near Y-0 and B-1.
Outlook 2 weeks in a row with midpoint around same price level and then a close back to the same level last week tells us how important this price level is.
I need this zone (B-1 / Y-0) to act as support before I commit to the long side for a run to B+1 again which has a better odds in happening.
Lawrence's Comment
Recap
Spike and ledge with resistance at Y-0 worked out to the downside. Y-2 acted as support. Closed the week near Y-2 and week low.
Outlook
More downside is expected ...
Lawrence's Comment
Recap
Unlike Dow and S&P NQ zoomed straight up to tag Y+2 as Apple continues its march to new high almost everyday. Closed the week above Y+2 and midpoint.
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Lawrence's Comment
Recap
Held right near Y+1 and then breakout to the upside again. Tagged Y+2 and paused. Zoomed to Y+3 and pullback from there since. Closed the week above Y+2 and ...
GBPUSD Apr 07 to Apr 11 Outlook
Lawrence’s Comment
Got the pullback as expected. Not much else to play with since. Closed the week near Y-0 and B-1.
Outlook
2 weeks in a row with midpoint around same price level and then a close back to the same level last week tells us how important this price level is.
I need this zone (B-1 / Y-0) to act as support before I commit to the long side for a run to B+1 again which has a better odds in happening.
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