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Lawrence's Comment
Recap
Dow gapped down to longer term critical support level and rallied from there since. Although Dow has tried hard to push higher it did not get Y-0 at the ...
Lawrence's Comment
Recap
Y-0 resistance gave us test of Y-1 and it was cleared with the added bonus of clearing the support trend line formed over the past 2 weeks. Normal target ...
EURUSD Oct 29 to Nov 02 Outlook
Lawrence’s Comment
Y-0 did not hold, drifted back down to Y-1. Closed the week above Y-1 and below midpoint.
Outlook
Not a significant sell off. Just drifted lower. No real sense of direction yet.
A push above B-0 will send euro back up to Y+1.
I am more interested in a bounce to Y-0 that fails to go higher. It will be a great short setup with control risk and significant downside potential.
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