Lawrence's Comment
Recap
Euro tried to hold Y-1 but failed to clear 1.13 and eventually failed to hold above 1.12. Tight range consolidation. Closed the week near Y-1 and below midpoint.
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Lawrence's Comment
Recap
NQ tried very down in the beginning of the week to hold onto Y+1 as support, yet Dow was so weak, it dragged NQ and ES along back down. ...
EURUSD May 09 to May 13 Outlook
Lawrence’s Comment
The expected run towards 1.15 resulted in a spike reversal at Y+2. Closed the week below Y+1 and near week low.
Outlook
Very strong resistance Y+1 / B-0 with B-2 in play.
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