Recap Breached Y-1 early in the week setup ninja to go down to Y-2 and below. Got that taken care of and then ninja bounced back to new high for the week. Closed the week above Y-1 and midpoint.
Outlook Got the flush expected from last week and now ninja has a wyckoff spring in place. As long as B-0 is acting as support, a rally back to B+2 is expected.
Lawrence's Comment
Recap
New high was made as expected. But we also know a short term top is in, see here, so the selloff is not a surprise.
The real surprise is ...
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
Lawrence's Comment
Recap
Situation in Crimea produced the spike reversal I was looking for. It happened overnight from Sunday which is not showing on this chart. Short squeeze produced a measured move ...
Lawrence's Comment
Recap
The other easy play of the week. Bear flag broken, sending Aussie straight down to target and bounced. Closed the week above Y-0 and midpoint.
Outlook
Support tested and ...
Lawrence's Comment
Recap
The most timid index out of the 3 major indices. Opened the week near Y+1 and resistance there pressed ES lower. Ledge action led to upside breakout into Brexit. ...
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 Sep 23 to Sep 27 Outlook
Lawrence’s Comment
Breached Y-1 early in the week setup ninja to go down to Y-2 and below. Got that taken care of and then ninja bounced back to new high for the week. Closed the week above Y-1 and midpoint.
Outlook
Got the flush expected from last week and now ninja has a wyckoff spring in place. As long as B-0 is acting as support, a rally back to B+2 is expected.
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