Recap Gap down to Y-1 right off the start of the week. Failed to fill the gap above on first try and flushed to below Y-1. Then everything reversed as euro led the way. Closed the week near week high and filled the gap above completely.
Outlook More upside is expected. Summer Games will reduce the liquidity and in a situation like this, it favours the bulls.
Lawrence's Comment
Recap
Failed to bounce back up in the beginning of the week opened the door to tag Y-2. Interestingly, however, Y-2 was not tagged even after 2 attempts ...
Lawrence's Comment
Recap
As mentioned last week, double whiplash with breakout to the downside. Tagged downside target of Y-3. Closed the week near week low and above Y-3.
Outlook
Just got ...
Nasdaq 100 Jul 30 to Aug 03 Outlook
Lawrence’s Comment
Gap down to Y-1 right off the start of the week. Failed to fill the gap above on first try and flushed to below Y-1. Then everything reversed as euro led the way. Closed the week near week high and filled the gap above completely.
Outlook
More upside is expected. Summer Games will reduce the liquidity and in a situation like this, it favours the bulls.
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