Recap Was looking for an upside breakout in the beginning of the week and got it. That turns B+1 into support with Y+2 and Y+3 as targets. Got both once Y+1 was tested later in the week.
Outlook B-0 to Y+2 acting as support for another leg up to B+2.
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Lawrence's Comment
Recap
Y-1 retest as expected. Y-1 support gave us a run for Y-0. Y-0 tagged and Aussie went sideway since. Closed the week below Y-0 and above midpoint.
Outlook
Double ...
Lawrence's Comment
Recap
Instead of holding above Y-1, it failed to act as support right from the beginning of the week. That set the stage for a test of Y-1 mid-week ...
Lawrence's Comment
Recap
Monday and Tuesday consolidated as expected. Then we got the selloff midweek in afterhours between Wednesday and Thursday. Since then ES rally all the way back up ...
Lawrence's Comment
Recap
A drop to Y-2 before NQ can stop, checked. A squeeze back up to Y-0, checked. NQ was the well behaving one last week. Post FOMC swing up to ...
EURUSD Jun 06 to Jun 10 Outlook
Lawrence’s Comment
Was looking for an upside breakout in the beginning of the week and got it. That turns B+1 into support with Y+2 and Y+3 as targets. Got both once Y+1 was tested later in the week.
Outlook
B-0 to Y+2 acting as support for another leg up to B+2.
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