Lawrence's Comment
Recap
Clean spike and ledge setup worked out perfectly tagging target near Y-3 and no support until 200% range expansion was completed. Closed the week near Y-4 and week low.
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Lawrence's Comment
Recap
Dow moved back to 18000 before its wild swings lower. All week gaps not filled and price actions going wild. Closed the week above Y-2 and below midpoint.
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GBPUSD Jun 29 to Jul 03 Outlook
Lawrence’s Comment
Pullback consolidation play worked out. Y-0 target tagged. 50% range. Closed the week near Y-0 and below midpoint.
Outlook
A retest of Y+1 is possible but only if cable can clear B-0 decisively. Potential spike and ledge in the making with target below Y-1.
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