Recap Test of Y+1 led to breakout attempt above it. Selling stopped the run higher and Y+1 turned into resistance after. Closed the week above Y-0 and near week low.
Outlook FBO against Y+1 points to Y-0 and Y-1 are in play as long as Y+1 / B-0 acting as resistance.
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
ES FBO against Y-1 forced a run back up to Y-0. Y-0 resistance dropped ES back down to neckline of 1-2-3 buy on 30-min. ES rallied from that support ...
Lawrence's Comment
Recap
2300 turned into resistance. Dropped quickly to Y-3 area as expected. Closed the week below Y-2.
Outlook
Option expiration week is over. This week the bias is in general ...
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
Y-0 acted as support helping euro to clear Y+1 in 1 go. Y+2 tagged and Y+1 turned into support for breakout play towards Y+3. Y+4 tagged and stopped the ...
Lawrence's Comment
Recap
S&P followed Dow's lead broke out upside. Stopped going higher right below 100% absolute range expansion when Dow completed its run. Immediately collapsed back down to previous week close. ...
GBPUSD Sep 12 to Sep 16 Outlook
Lawrence’s Comment
Test of Y+1 led to breakout attempt above it. Selling stopped the run higher and Y+1 turned into resistance after. Closed the week above Y-0 and near week low.
Outlook
FBO against Y+1 points to Y-0 and Y-1 are in play as long as Y+1 / B-0 acting as resistance.
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