Lawrence's Comment
Recap
Previous week close support sent ES back up to challenge week high so far. Gap above allowed for Y+1 breakout. Closed the week above Y+1 and midpoint.
Outlook
B+1 ...
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USDCAD May 14 to May 18 Outlook
Lawrence’s Comment
Quick zoom to B+2 as expected. Closed the week near midpoint.
Outlook
Short term bottom likely in place.
If B-1 failed to act as support, a flush back down to Y-0 / B-2 is possible.
Focus on long side potential from here til 1.08 is tagged.
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