Recap One of the easier plays last week even though it was a bit wild. FBO in beginning of the week gave us at least a test of Y-0. And Y-0 was cleared in 1 go giving us Y+1 target. Wild swings mid week and landed at Y+1 by end of the week. Closed the week below Y+1 and above midpoint.
Outlook A whiplash week that failed to close outside the previous week range is not a confirmed breakout. So we are back to the same game this week again waiting for reactions at the boundaries B-1 and B+1.
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
Short squeeze in full force. 2x Month OR target tagged and paused since. Closed the week at week high.
Outlook
ES closed above the 2X month OR. That opened ...
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
Dow in consolidation mode until trouble in Asia spreaded. Sell shock produced a 100% expansion off the tight range and Y-2 was tagged. Closed the week near Y-2 and ...
AUDUSD Oct 07 to Oct 11 Outlook
Lawrence’s Comment
One of the easier plays last week even though it was a bit wild. FBO in beginning of the week gave us at least a test of Y-0. And Y-0 was cleared in 1 go giving us Y+1 target. Wild swings mid week and landed at Y+1 by end of the week. Closed the week below Y+1 and above midpoint.
Outlook
A whiplash week that failed to close outside the previous week range is not a confirmed breakout. So we are back to the same game this week again waiting for reactions at the boundaries B-1 and B+1.
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