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Lawrence's Comment Recap More consolidation actions as expected. Y-0 support and by the end of the week previous week close support sent Aussie gunning for Y+2. Closed the week above Y+1 and ...READ MORELawrence's Comment Recap Further consolidation around Y-0 area. End of week weaknesses failed to break the Y-1 support. Closed the week near week low and below Y-0. Outlook Inside week from daily up trend ...READ MORE
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S&P 500 Mar 10 to Mar 14 Outlook
Lawrence’s Comment
S&P followed the path of Dow instead of what its price pattern suggested. Clear signs that shorts are squeezed and forced to give up. Closed the week above Y+1 and midpoint.
Outlook
Outside week with strong close points to more upside.
B+1 acting as resistance will give us a quick flush back down to Y+1.
1900 above is easy target once B+1 is cleared.
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