Lawrence's Comment
Recap
2nd consolidation week. Tighter range too. Closed the week above Y-0 and below midpoint.
Outlook
Directionless. Breakout mode in place. This time I have no directional bias.
Very dangerous setup - once ...
Lawrence's Comment
Recap
NQ was the only normal index out of the big 3 last week. Test of Y-0 gave us a break below Y-1. Found support at 3400 round number. Spike ...
GBPUSD Oct 29 to Nov 02 Outlook
Lawrence’s Comment
As expected cable dropped to Y-2. It bounced back above Y-1 right after forcing a push back to above Y-0. Closed the week near Y-0.
Outlook
Below 1.6 is rejected. As long as Y-1 / B-0 can act as support, Y+1 and higher likely this week.
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