Lawrence's Comment
Recap
Consolidation week at 50% range. 1780 magic #. Due to overnight news shock all week, we observed surprise breakout plays almost everyday last week. Yet, S&P was still bounded ...
Lawrence's Comment
Recap
Y-0 resistance gave us a drop below Y-1. Down channel bottom acted as support again allowing Aussie drift back up. 2nd test of Y-0 resistance did not clear it ...
Lawrence's Comment
Recap
3 pushes up into Y+2 resistance, signalled clean drop to Y-1. Got the drop and found support. ES bounced back up after news about Ukraine was fed out at ...
Lawrence's Comment
Recap
The 2-way swings expectation played out nicely. Dow did its usual gap above Y-0 trick which forced a squeeze to test Y+1. FBO against Y+1 gave us a drop ...
Nasdaq 100 May 30 to Jun 03 Outlook
Lawrence’s Comment
Tight range breakout to the upside. Tagged breakout target of Y+3. Closed the week near Y+3 and week high.
Outlook
Consolidation around B+1 likely until NFP Friday.
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