Lawrence's Comment
Recap
The collapse of gold price in the beginnng of the week rejected the possibility of further weaknesses. So the other direction came in force.
1-2-3 buy against Y-0 sent ...
A series of articles on Emini S&P 500 afterhours characteristics, biases, and trading strategies. A Look at the Price Distribution Following is the price distribution of, ...
Dow 30 Jan 23 to Jan 27 Outlook
Lawrence’s Comment
euro zone development killed the potential selloff. Short squeeze breakout normal target to Y+2 / Y+3 completed. Closed the week at Y+3.
Outlook
At the cost of driving away normal investors, once again we witness rally with no volume. Pullback from such rally are very quick and steep.
Somewhere below Y+4 will put a cap to this squeeze and if Dow quickly drop below B+1, Dow will collapse back down to Y-0 easily.
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