Recap Pullback to near Y-0 as expected. Going sideway consolidation around previous week close in 50% range. Closed the week above Y-1 and near midpoint.
Outlook Consolidation after wide range trend selling usually leads to continuation. Until NQ can clear B+1 daily down trend is intact.
Lawrence's Comment
Recap
Euro rallied from Y-1 as expected and cleared Y-0 in 1 go. The counter-trend rally was triggered as mentioned last week zooming it back up to near 1.28 before ...
Lawrence's Comment
Recap
Par level failed to hold induced a slide down to 0.99. Closed the week at the low below Y-2.
Outlook
Failing to hold par level means 0.98 in play ...
Lawrence's Comment
Recap
Was looking for a drop but not as steep as what happened. Weak right from the beginning of the week failed to hold Y-0 points to a ...
Nasdaq 100 May 09 to May 13 Outlook
Lawrence’s Comment
Pullback to near Y-0 as expected. Going sideway consolidation around previous week close in 50% range. Closed the week above Y-1 and near midpoint.
Outlook
Consolidation after wide range trend selling usually leads to continuation. Until NQ can clear B+1 daily down trend is intact.
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