Recap Moved higher as expected. Target of above Y+2 reached and a rounding top was formed. End of week selloff brought ninja back down. Closed the week above Y+1 and below midpoint.
Outlook 104 resistance held ninja down right on schedule. As long as 104 is not challenged again, we should see Y+1 and B-1 first.
Lawrence's Comment
Recap
Similar to Dow, with stronger push towards the upside target Y+1. Essentially tagged the target and fell off a cliff. Closed the week below midpoint.
Outlook
Not as weak ...
ContentReviewS&P Correction StartedEuro No Strength to Go HigherGold Not as Bullish as Many ThinkBig Picture SummaryReviewEuro trapped in tight range inside the projected channel. It has not figured out what ...
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USDJPY Apr 07 to Apr 11 Outlook
Lawrence’s Comment
Moved higher as expected. Target of above Y+2 reached and a rounding top was formed. End of week selloff brought ninja back down. Closed the week above Y+1 and below midpoint.
Outlook
104 resistance held ninja down right on schedule. As long as 104 is not challenged again, we should see Y+1 and B-1 first.
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