Lawrence's Comment
Recap
US dollar trashed, but the stock market did not hold up. The correlation had broken down. The most interesting thing from last week was the waterfall formation that ...
Here is another set of trading setups I have published at TraderPlanet. It is one of those market biases that no one pay attention to. Consider this another secret ...
USDJPY Dec 01 to Dec 05 Outlook
Lawrence’s Comment
Pullback as expected yet Y-0 support led to breakout to the upside with a run to print week high. Closed the week above Y-0 and midpoint.
Outlook
Potential complex top in the making, if FBO against Y+1 without tagging B+2, a drop back down to Y-1 likely.
Without a failure to clear Y+1, up trend intact with B+2 and above in play.
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