Recap No real direction after a week of extreme trend buy days countering the overnight weaknesses. Consolidation / backfill actions waiting for the next news shock. Closed the week below Y-0 and midpoint.
Outlook FOMC announcement crime scene not tagged so far and a breakdown below Y-1 points to a rush towards that target. Difficult week ahead due to FOMC special meeting on Monday may set the tone for the week.
Lawrence's Comment
Recap
My staff still not able to take care of the data issue. I will look into this myself this week.
Aussie in consolidation drifting back up to test Y+1 eventually. ...
S&P 500 Apr 11 to Apr 15 Outlook
Lawrence’s Comment
No real direction after a week of extreme trend buy days countering the overnight weaknesses. Consolidation / backfill actions waiting for the next news shock. Closed the week below Y-0 and midpoint.
Outlook
FOMC announcement crime scene not tagged so far and a breakdown below Y-1 points to a rush towards that target. Difficult week ahead due to FOMC special meeting on Monday may set the tone for the week.
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