Recap Consolidation with low volume all week. Trapped within previous week range. Closed the week near Y-0 and midpoint.
Outlook Consolidation / compression until first week of next year is likely as long as there is no news shock affecting global markets. If we get news shock, expect either B+3 or B-3 will be tagged quickly.
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
Held Y-0 support, gave us a run to Y+1 as expected. Can't ask for more. Closed the week above Y-0 and midpoint.
Outlook
Still indecisive whether to push higher or collapse ...
Special update on S&P 500. Custom market breadth in US stock markets has been compressed to the point that it is about to make a move. That points to ...
USDCAD Dec 07 to Dec 11 Outlook
Lawrence’s Comment
Consolidation with low volume all week. Trapped within previous week range. Closed the week near Y-0 and midpoint.
Outlook
Consolidation / compression until first week of next year is likely as long as there is no news shock affecting global markets. If we get news shock, expect either B+3 or B-3 will be tagged quickly.
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