Lawrence's Comment
Recap
Consolidation play all week around Y+1. Upside momentum carried Euro higher in an up channel. Closed the week near Y+1 and midpoint.
Outlook
B+1 / B+2 strong resistance zone ...
S&P500 is still trapped within the same range over the past 4 weeks. Its compression will have to be unwinded somehow. And it can start very soon given the various ...
Nasdaq 100 Aug 08 to Aug 12 Outlook
Lawrence’s Comment
1-2-3 sell from Y+1 gave us Y-0. Y-0 support sent NQ back up to Y+1 and breakout to Y+2. Closed the week near Y+2 and week high.
Outlook
Uptrend intact. B+1 resistance can drop NQ back down to B-0. Until B-0 turning into resistance bulls are still in control.
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