Recap As stated in my newsletter to my premium members, an average of 2% drop is expected in December before year end rally can happen. And here we are, having the quick flush down to Y-4 right on schedule. Closed the week below Y-4 and at week low.
Outlook Monday’s reaction to the Friday low will determine if the short term bottom is in place. B-1 holds B-0 will be in play this week. Premium members already know what the bias is.
Lawrence's Comment
Recap
The funniest pair last week. Got the upside breakout above Y+1 which invalidated the bearish potential. Then above turn back down to almost Y-1, even printed a ...
Dow 30 Dec 15 to Dec 19 Outlook
Lawrence’s Comment
As stated in my newsletter to my premium members, an average of 2% drop is expected in December before year end rally can happen. And here we are, having the quick flush down to Y-4 right on schedule. Closed the week below Y-4 and at week low.
Outlook
Monday’s reaction to the Friday low will determine if the short term bottom is in place. B-1 holds B-0 will be in play this week. Premium members already know what the bias is.
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