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Lawrence's Comment Recap Upside breakout after compression around Y-0. 100% expansion off the tight range tagged by end of the week but failed to tag the normal Y+2 target. Closed the week ...READ MORELawrence'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 ...READ MORELawrence's Comment Recap NQ was the bullish one with hint for a run to Y+1 off its Monday action holding Y-0. Then PPT came overnight giving the indices a helping hand to ...READ MORELawrence's Comment Recap Violent reaction to Greece situation kickstarted the week. Strong gap breakout to the upside points to Y+3 in play. We got Y+3 and Dow was stuck since. Closed the ...READ MOREEURUSD Oct 12 to Oct 16 OutlookEURUSD Oct 29 to Nov 02 Outlook3DP Odds Table (USDJPY) 2012-01-06Intraday Cycle Projection (USDJPY) 2016-01-29Intraday Cycle Projection (USDJPY) 2011-04-04Intraday Cycle Projection (USDJPY) 2014-01-02USDCAD Apr 28 to May 02 OutlookGBPUSD Jan 07 to Jan 11 OutlookNasdaq 100 Oct 27 to Oct 31 OutlookDow 30 Jul 20 to Jul 24 Outlook
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USDJPY Sep 10 to Sep 14 Outlook
Lawrence’s Comment
Tried so hard to hold the 78 zone, including a news shock mid-week to breakout above Y+1. Yet, US NFP report has re-ignited the QE3 rumor and toasted the breakout. Closed the week near Y-1 and week low.
Outlook
Outside down week is enforcing a slow down channel on Ninja.
As long as B-0 is acting as resistance, looking for another tight range down week with down side target Y-3 / B-2.
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