Recap Whole week was consolidation within Y-1 to Y-0. Closed the week right below Y-0.
Outlook As stated previously, further weaknesses is expected. The past week formed a bear flag (or a weak upside channel). A break below B-0 means B-2 is in play.
Lawrence's Comment
Recap
Bearish weaknesses persisted in the beginning of the week yet Y-1 was never challenged even though ES sold off from Y-0 quickly. 2nd challenge at Y-0 from below cleared ...
Lawrence's Comment
Recap
Consolidation whole week. 50% range of the week prior. Closed the week at midpoint above Y-1.
Outlook
No real direction will be established until the politicians / governments sort out ...
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
Gap down open led to an all out rally defending Y-0. The surprise move to many was good enough to get Y+1 early in the week. ES holding above ...
AUDUSD May 23 to May 27 Outlook
Lawrence’s Comment
Whole week was consolidation within Y-1 to Y-0. Closed the week right below Y-0.
Outlook
As stated previously, further weaknesses is expected. The past week formed a bear flag (or a weak upside channel). A break below B-0 means B-2 is in play.
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