Recap Breakdown play started the week. Dropped down to near Y-3 before support is found. Consolidation since in a shortened holiday week. Closed the week below Y-1 and above midpoint.
Outlook Triangle / bear flag on 30-min potential. That gives us upside of gap fill above Y-1 but very strong resistance at B+2.
Breaking of B-0 points to B-2 next downside target.
Lawrence's Comment
Recap
More upside as expected. Y+2 / 1.32 breached and we got jawboning as expected as well. So predictable. Closed the week above Y+1 and near midpoint.
Outlook
Canadian dollar ...
Lawrence's Comment
Recap
Most messed up index among the big 3. Held a higher low right from the start of the week and zoomed higher. Then news shock help ES ...
Nasdaq 100 Jul 06 to Jul 10 Outlook
Lawrence’s Comment
Breakdown play started the week. Dropped down to near Y-3 before support is found. Consolidation since in a shortened holiday week. Closed the week below Y-1 and above midpoint.
Outlook
Triangle / bear flag on 30-min potential. That gives us upside of gap fill above Y-1 but very strong resistance at B+2.
Breaking of B-0 points to B-2 next downside target.
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