Lawrence's Comment
Recap
Was looking for further downside and we got that. Not quite tagging Y-3 as Dow stopped going lower when it reached 100% absolute range expansion. V-shape reversal since and ...
Lawrence's Comment
Recap
Nothing happened to Euro, so cable stayed there in consolidation. Y+1 resistance sent cable back down to Y-0 and then it took off to new high. Equal distance from ...
Lawrence's Comment
Recap
Pullback stopped right at Y-0. Rallied above Y+1 yet failed to hold above Y+1. Normally we get a drop to Y-1 but again it was not a normal week. ...
Lawrence's Comment
Recap
Breakout mode tested the lower extreme and failed to clear it, gave us the real direction (up). Normal breakout target of 200% the range defined by the boundaries tagged ...
Lawrence's Comment
Recap
The power of euro zone b.s. machine gave cable a shock and squeeze. The normal 100% absolute range expansion under such condition happened like clockwork. Closed the ...
USDJPY Oct 29 to Nov 02 Outlook
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