Recap Completely nailed the swings on this one. First move down to Y-1 and below. FBO there gave us a run back up to Y+1. Consolidated since around Y+1. Closed the week above Y+1 and midpoint.
Outlook Outside week with close above Y+1. B+1 retest likely. Should B+1 turns into resistance we get a drop back down to B-0 easily.
Month end is often depicted as the day that certain players would conduct window dressing to push the stock market higher. I have debunked the myth in the Survival Guide ...
Jun 26, 2016 Special Update for S&P 500 and Euro. The BREXIT outcome from last week produced very volatile reactions across all the major markets. The custom breadth pointed ...
Lawrence's Comment
Recap
Channel breakdown play worked out perfectly with Y-2 target tagged. Closed the week near Y-2 and week low.
Outlook
Potential weekly down trend in the making. B-0 / Y-1 ...
Dow 30 Mar 10 to Mar 14 Outlook
Lawrence’s Comment
Completely nailed the swings on this one. First move down to Y-1 and below. FBO there gave us a run back up to Y+1. Consolidated since around Y+1. Closed the week above Y+1 and midpoint.
Outlook
Outside week with close above Y+1. B+1 retest likely. Should B+1 turns into resistance we get a drop back down to B-0 easily.
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