Recap As expected, multiple attempts to push higher happened last week yet no breakout was resulted. Closed the week above Y-0 and below midpoint.
Outlook Tight range week with close back near both midpoints points to potential FBO against Y+1. A test of B-1 is likely with the potential of Y-1 in play.
Lawrence's Comment
Recap
Consolidation around previous week close. Wait and see situation due to the crisis in Ukraine has taken a turn for the worse. Gold strengthen last week played a role ...
Lawrence's Comment
Recap
Similar to Dow, ES was having its consolidation week. Traded equal distance from its open. Closed the week above Y+1 and near week high.
Outlook
B+1 resistance points to ...
Lawrence's Comment
Recap
Pulled back to Y-0 and bounced right off. Retested Y+1 and consolidating around it. Closed the week near Y+1 and above midpoint.
Outlook
The pullback and then the retest ...
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USDCAD Jun 08 to Jun 12 Outlook
Lawrence’s Comment
As expected, multiple attempts to push higher happened last week yet no breakout was resulted. Closed the week above Y-0 and below midpoint.
Outlook
Tight range week with close back near both midpoints points to potential FBO against Y+1. A test of B-1 is likely with the potential of Y-1 in play.
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