Lawrence's Comment
Recap
Y+1 did nothing at all in stopping Dow from going higher. The next higher resistance at around 13050 was blasted thru after shorts was trapped by the bearish ...
Lawrence's Comment
Recap
Sell setup never materialize. Just drift up to Y+2 which led to a sharp drop back down to Y+1 support. Closed the week below midpoint and near Y+1.
Outlook
2nd leg ...
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
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 Nov 10 to Nov 14 Outlook
Lawrence’s Comment
Took another 50% expansion to finish majority of the shorts. Ninja reacted to Y+2 and stuck there since. Closed the week above Y+1 and midpoint.
Outlook
Initial shock and awe fuel used up. As long as BOJ not planning more direct attack, Y+1 down to B-2 in play.
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