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Lawrence’s Comment
The easy play of the week. Cable dropped below Y-1 and snap back up immediately gave us the long setup. Steady up drift. Closed the week above Y-0 and midpoint.
Outlook
Not the strongest rally one would like to see. Now that war is throw into the mix. It will be difficult to get a follow through from here.
Looking for sideway actions until the war in Ukraine is over.
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