Recap What I said last week, “Situation in Greece can cause extreme volatility that do not mean anything.” All week wild swings and ended up with nothing. Closed the week above Y-0 and midpoint.
Outlook Problems in Greece and China are not resolved. They are suppressed only. More violent intraday swings until we have clarity of both situations.
Lawrence's Comment
Recap
No pullback / no double top continuation from the week before last week. How? By gapping thru Y+1 and zoom up to Y+2.
Outlook
Clear short squeeze in progress with ...
Dow 30 Jul 13 to Jul 17 Outlook
Lawrence’s Comment
What I said last week, “Situation in Greece can cause extreme volatility that do not mean anything.” All week wild swings and ended up with nothing. Closed the week above Y-0 and midpoint.
Outlook
Problems in Greece and China are not resolved. They are suppressed only. More violent intraday swings until we have clarity of both situations.
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