Lawrence's Comment
Recap
Support discovered below Y-1 and Aussie went into consolidation since. Closed the week near Y-1 and below midpoint.
Outlook
Y-1 support will produce a short term bottom with upside ...
Lawrence's Comment
Recap
Consolidated around Y+1. It is expected since NQ just finished another squeeze up. Closed the week below Y+1 and near midpoint.
Outlook
As long as B-1 downto Y-0 acting ...
Lawrence's Comment
Recap
Test of Y+1 led to breakout attempt above it. Selling stopped the run higher and Y+1 turned into resistance after. Closed the week above Y-0 and near week low.
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Lawrence's Comment
Recap
ES behaves more like NQ like week than Dow. Early in the week ES found support at 2000 round number zone and cleared Y-0 on 2nd try. Y-0 support ...
AUDUSD Feb 29 to Mar 04 Outlook
Lawrence’s Comment
Test of Y+2 as expected. Failure to hold above Y+1 gave us a eventual drop back down to Y-0. Closed the week near Y-0 and week low.
Outlook
Confirmed Y+1 / B-0 and above very strong resistance. Breaking below B-1 points to B-2 and B-3.
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