Recap Consolidation around week open below Y-1. Jumpy was probably the best word for what happened last week. Closed the week below Y-1 and near week low.
Outlook Consolidation with weak close points to more downside. B-2 is in play with B-0 / Y-1 now strong resistance.
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Lawrence's Comment
Recap
Made a slightly higher high first and sold off to the support zone mentioned last week. NQ then took off and never look back. Closed near the high ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Lawrence's Comment
Recap
Suffered same problem like Dow. No holding strength at intraday support levels at all. Did not find real support until 100% range expansion. Closed the week below Y-0 and ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Lawrence's Comment
Recap
Held Y-0 support, gave us a run to Y+1 as expected. Can't ask for more. Closed the week above Y-0 and midpoint.
Outlook
Still indecisive whether to push higher or collapse ...
AUDUSD Sep 22 to Sep 26 Outlook
Lawrence’s Comment
Consolidation around week open below Y-1. Jumpy was probably the best word for what happened last week. Closed the week below Y-1 and near week low.
Outlook
Consolidation with weak close points to more downside. B-2 is in play with B-0 / Y-1 now strong resistance.
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