Lawrence's Comment
Recap
ES dropped back to Y-0 as expected. The breakdown scenario also unfolded right after. ES found support after testing the swing low on daily. Closed the week near Y-1 ...
Lawrence's Comment
Recap
Mon/Tue produced a swing high allowing us to join the continuation sell later in the week. Closed the week below Y-0 and near week low.
Outlook
The selling is not completed. ...
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Lawrence's Comment
Recap
Consolidation around previous week close. Y-0 acted as support. Closed the week above Y-0 and midpoint.
Outlook
Consolidation instead of pullback from blowoff action is bullish. This points to ...
Lawrence's Comment
Recap
Y-0 did not act as resistance at all. All out intervention last week to clear the resistance zone induced the biggest 5 days up swing over the past few ...
USDJPY Jan 25 to Jan 29 Outlook
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