Recap Retest of Y-1 and support below as expected. Struggled a bit down there but managed to print week high later in the week. Closed the week near Y-0 and above midpoint.
Outlook Bottom formation is not confirmed yet as the week failed to close strongly above Y-0. Until B+1 turning into support we do not have a confirmed low and more likely to break B-1 again.
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
Failed to hold Y-1, got the flush to Y-3 as expected. Closed the week below midpoint and near Y-2.
Outlook
Daily uptrend is now broken. As long as B-0 ...
Lawrence's Comment
Recap
ES followed Dow and pulled an op ex 2-way play on the players. Closed the week near Y-0 and midpoint. To learn more about op ex weeks, read my ...
Lawrence's Comment
Recap
Was looking for a breakout and it turned into another tight range week consolidating around Y+1. Closed the week near Y+1 and at midpoint.
Outlook
Potential breakout failure ...
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
NQ never traded lower to test B-1, forming a dirty bottom and squeeze higher. This led to weaknesses at Y+1 and double top. Once the selloff started it can ...
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
AUDUSD Jul 21 to Jul 25 Outlook
Lawrence’s Comment
Retest of Y-1 and support below as expected. Struggled a bit down there but managed to print week high later in the week. Closed the week near Y-0 and above midpoint.
Outlook
Bottom formation is not confirmed yet as the week failed to close strongly above Y-0. Until B+1 turning into support we do not have a confirmed low and more likely to break B-1 again.
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