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.
Lawrence's Comment
Recap
Bullish expectations played out and upside breakout normal target of Y+2 was tagged. Momentum strong enough sending price higher with former resistance acting as support. Closed the week above ...
Lawrence's Comment
Recap
Cable dropped to Y-0 and bounced. Breached Y+1 but failed to hold above. That sent cable down to Y-1 in 1 go. Bounced from Y-1 but no longer able ...
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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