Recap My bearish bias is proven correct and B-2 was tagged. Closed the week below Y-2 and at week low.
Outlook Again, back to 1.59 support zone. A decision has to be made by the players here. A quick rally back above 1.60 will induce a jump back up to B+2. As long as B-0 / Y-1 acting as resistance, B-2 in play.
Lawrence's Comment
Recap
Ninja failed to hold its support. The door to Y-1 opened. 100% absolute range expansion ended the drop. Closed the week below Y-0 and midpoint.
Outlook
A shallow pullback turned into ...
Lawrence's Comment
Recap
Unlike Dow, NQ successfully breakout early in the week and Y+1 has been acting as support all the way. Then the rally pushed NQ to our upside ...
GBPUSD Nov 12 to Nov 16 Outlook
Lawrence’s Comment
My bearish bias is proven correct and B-2 was tagged. Closed the week below Y-2 and at week low.
Outlook
Again, back to 1.59 support zone. A decision has to be made by the players here. A quick rally back above 1.60 will induce a jump back up to B+2. As long as B-0 / Y-1 acting as resistance, B-2 in play.
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