Recap Flushed below Y-1 and snap back up as expected. Pretty much risk free long since. Zoomed higher until 100% absolute range expansion is completed. Closed the week above Y-0 and midpoint.
Outlook A good start for reversal but not as strong as I hope for (asking for too much in a week I guess).
Need Y-0 / B-0 to hold and prefer a slow drift down over quick drops. Looking for more upside until B+2 is tagged.
Lawrence's Comment
Recap
Y+1 support sent this higher until 100% absolute range expansion is tagged. Consolidated since. Closed the week near Y+1 and below midpoint.
Outlook
Slow rip to higher level suggests ...
Lawrence's Comment
Recap
Similar to NQ with stronger price action, ES did not breach previous week low (Y-1) and take off right from there. Spent 2 days defending previous week ...
GBPUSD Mar 18 to Mar 22 Outlook
Lawrence’s Comment
Flushed below Y-1 and snap back up as expected. Pretty much risk free long since. Zoomed higher until 100% absolute range expansion is completed. Closed the week above Y-0 and midpoint.
Outlook
A good start for reversal but not as strong as I hope for (asking for too much in a week I guess).
Need Y-0 / B-0 to hold and prefer a slow drift down over quick drops. Looking for more upside until B+2 is tagged.
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