Recap Further weaknesses as expected. Consolidated right below Y-1. Closed the week below Y-1 and midpoint.
Outlook Last week was holiday week, thus the bear flag formation is less reliable. As long as Y-1 acting as resistance, we should get B-2 printed next week.
Lawrence's Comment
Recap
Dow break above Y+1 early in the week points to the potential to tag Y+2 later. It was done with another huge gap to the upside. Closed the week ...
Lawrence's Comment
Recap
A mess produced from a mess. ES simply followed Dow and NQ the whole week. Gaps up and down through the week due to news shock from Europe. As ...
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
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
B-0 quickly turned into support and sent euro up above Y+1. 100% absolute range expansion stopped the move. Closed the week above Y+1 and near week high.
Outlook
Euro ...
Lawrence's Comment
Recap
Attempted V-reverssal at the start of the week by holding above Y-0 failed. Dow collapsed lower until Y-1 was tagged. FBO against Y-1 gave us Y-0 target. Closed the ...
AUDUSD Dec 31 to Jan 04 Outlook
Lawrence’s Comment
Further weaknesses as expected. Consolidated right below Y-1. Closed the week below Y-1 and midpoint.
Outlook
Last week was holiday week, thus the bear flag formation is less reliable. As long as Y-1 acting as resistance, we should get B-2 printed next week.
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