Lawrence's Comment
Recap
Y-0 support lifted Aussie to test Y+1. Since then consolidated for FOMC announcement. After, Y+1 cleared and 100% range expansion move to above Y+2 before finding resistance. Closed the ...
Lawrence's Comment
Recap
Breakdown play to Y-2 and then Y-3 normal target materialized. 1.40 round number turned into resistance. Closed the week below Y-3 and near week low.
Outlook
For short term ...
Nasdaq 100 Jul 18 to Jul 22 Outlook
Lawrence’s Comment
Traded similarly to Dow, sold off to Y-2 and bounced back upto Y-1 to close the week.
Outlook
Trade above B-0 and that it turns into support, Y+1 will be retested.
If B-0 acts as resistance early in the week, B-1 will be retested.
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