Lawrence's Comment
Recap
Support at Y-1 worked out, gave us Y+1 and more. 200% range expansion like Aussie. Closed the week above Y+1 and midpoint.
Outlook
Although the rally was a product of stop ...
Lawrence's Comment
Recap
Bounced back upto the pre-breakdown level as expected. But that was all it could do and stalled back down to Y-0 and consolidated since. Closed the week above ...
Nasdaq 100 Jan 23 to Jan 27 Outlook
Lawrence’s Comment
Gap up above Y+1 leading to all out short squeeze. The extended target of Y+4 was tagged. Closed the week above Y+3.
Outlook
Right above B+1 is our 2X month OR target. That is the zone where reversal can happen easily.
If a sell formation materializes, first downside target is below B-1.
Long term top in the making.
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