Lawrence's Comment
Recap
Bullish expectation is correct with Y-0 support pushing higher. 125 round number attracted selling and forced ninja back down. Closed the week below Y+1 and midpoint.
Outlook
It is ...
Lawrence's Comment
Recap
Support at Y-1 worked out, gave us Y+1 and more. 200% range expansion like Aussie. Closed the week above Y+1 and midpoint.
Outlook
Although the rally was a product of stop ...
Lawrence's Comment
Recap
Euro formed an up channel and drifted higher all week to near Y+1. Channel breakdown led to flush back down to near Y-1. Closed the week below Y-0 and ...
Lawrence's Comment
Recap
NQ dropped to Y-2 as expected. Very strong reaction there but not enough to stop the train. Retest of week low led to consolidation at the bottom with another ...
Lawrence's Comment
Recap
As explained last week, Dow was locked in range and it happened again. Y+1 resistance sent Dow straight back down to Y-0 and stuck there. Closed the week near ...
USDJPY Sep 05 to Sep 09 Outlook
Lawrence’s Comment
As expected yen is too weak for any upside push. Closed the week at midpoint.
Outlook
No direction. Bias towards another test of low from August since upside is rejected again.
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