Lawrence's Comment
Recap
Similar to Dow, ES moving lower as expected. Tagging both 1st target of Y-2 and 2nd target of Y-3 in one go was a present surprise. The bounce ...
Lawrence's Comment
Recap
As expected, Aussie stays weak and failed to clear Y-0. Dropped below Y-1 and stopped at equal distance off previous week close. Closed the week near Y-1 and below ...
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
Sold off early in the week with Dow leading to the downside. This time ES was influenced by Dow more than NQ. Back down to support ES bounced off ...
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
Consolidation after the wide range run is normal. Pullback to near Y-0. Closed the week above Y-0 and near midpoint.
Outlook
No confirmation for a blowoff top as Y-0 ...
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
USDCAD Jul 09 to Jul 13 Outlook
Lawrence’s Comment
Drifted lowered as expected. Slow holiday activity gave us 50% previous week range. Closed the week above Y-1 and near week high.
Outlook
A test of Y-0 / B+2 is expected.
What will happen after that heavily depends on the reaction at the target price level.
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