Lawrence's Comment
Recap
NQ gapped above Y-0 and that turned into support. It does not matter whether it traded back above Y-0 or gapped above. In fact, the gapping above B-0 ...
Lawrence's Comment
Recap
ES did sold off from the beginning of the week off the 3 pushes up formation. Yet Y-0 acted as support and continue its parabolic path going higher. ...
Lawrence's Comment
Recap
50% previous week range consolidation. Happens often after an initiate reversal. Closed the week near midpoint.
Outlook
A run to B+1 will trigger a run to Y+1, B+2 and ...
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Lawrence's Comment
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 ...
GBPUSD Oct 29 to Nov 02 Outlook
Lawrence’s Comment
As expected cable dropped to Y-2. It bounced back above Y-1 right after forcing a push back to above Y-0. Closed the week near Y-0.
Outlook
Below 1.6 is rejected. As long as Y-1 / B-0 can act as support, Y+1 and higher likely this week.
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