Recap Held upside breakout crime scene and took off from there. 100% absolute range expansion capped the move. Pullback to midpoint since. Closed the week above Y-0 and near midpoint.
Outlook Brexit in effect. Even though potential up channel in the making things can change in a heart beat. B-0 turning into resistance will lead to return back down to Y-0 / B-1.
Lawrence's Comment
Recap
Consolidation expectation was correct with ninja dropped back down near Y-1 at the support area mentioned last week. Bounce from support failed to clear Y-0 led to another drop ...
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
This week S&P followed Dow instead of NQ. Consolidated above Y+1. Closed the week above Y+1 and near week high.
Outlook
A potential swing is in place with price break at ...
GBPUSD May 30 to Jun 03 Outlook
Lawrence’s Comment
Held upside breakout crime scene and took off from there. 100% absolute range expansion capped the move. Pullback to midpoint since. Closed the week above Y-0 and near midpoint.
Outlook
Brexit in effect. Even though potential up channel in the making things can change in a heart beat. B-0 turning into resistance will lead to return back down to Y-0 / B-1.
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