Recap Downside target mentioned last week tagged and led to a weak bounce. Consolidation around Y-1 since and eventually Y-1 turned into resistance. Closed the week below Y-1 and near week low.
Outlook Potential parabolic run as long as Y-1 resistance holds with target Y-3.
Lawrence's Comment
Recap
NQ followed the other 2 indices breaking its daily support and slided down to B-1 and in turn breaking B-2 as mentioned last week. The waterfall effect helped NQ ...
Lawrence's Comment
Recap
Aussie held Y-1 and took out Y+1 quickly. This opened the door to Y+2. Y+1 acted as support. Closed the week above Y+1 and midpoint.
Outlook
As I pointed ...
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GBPUSD Aug 15 to Aug 19 Outlook
Lawrence’s Comment
Downside target mentioned last week tagged and led to a weak bounce. Consolidation around Y-1 since and eventually Y-1 turned into resistance. Closed the week below Y-1 and near week low.
Outlook
Potential parabolic run as long as Y-1 resistance holds with target Y-3.
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