Recap Wedged downward in the beginning of the week hinted a short term bounce was in play. Bounced back up until 50% range reached. Stalled from there and closed the week at midpoint.
Outlook A bottom formation from B-0 or B-1 will lead to a minimum of retesting B+2.
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
Real-Time Trading Assistant is designed to provide real-time updates on known statistical biases and trading models. The summary information provided will allow the traders to evaluate the current conditions of ...
Lawrence's Comment
Recap
Similar to Dow, ES pushed the envelope all the way. It exceeded Dow in terms of volatility during the holiday season. Closed the week near week high ...
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
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
USDJPY Jan 09 to Jan 13 Outlook
Lawrence’s Comment
Wedged downward in the beginning of the week hinted a short term bounce was in play. Bounced back up until 50% range reached. Stalled from there and closed the week at midpoint.
Outlook
A bottom formation from B-0 or B-1 will lead to a minimum of retesting B+2.
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