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Lawrence’s Comment
Continuation sell down to Y-2 yet failed to produce a bounce. Breaking below Y-2 gave us Y-3. Closed the weekbelow Y-2 and midpoint.
Outlook
Stop hunting move once Y-2 was breached as the range expansion is 100% of the range of the week before the break down. Ninja dropped to its monthly support. A drift back up to Y-2 / B-0 likely. Retest of B-1 also likely.
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