"Weekly Outlook" Posts

Nasdaq 100 Sep 01 to Sep 05 Outlook

By News Robot

Lawrence’s Comment Recap Consolidation week. Centered around open in 50% previous week range. Found support at previous week close. Closed the week above Y+1 and near week high. Outlook Overbought by time. A pullback is due. Not necessary something major, just a quick drop back to Y-0 and then wait and see.

AUDUSD Sep 01 to Sep 05 Outlook

By News Robot

Lawrence’s Comment Recap Easy play of the week. Held support, run to target mentioned last week and stalled. Closed the week below Y+1 and above midpoint. Outlook B-0 acting as support we get retest of B+1. Y+1 resistance breaking B-0 will give a retest of B-1. Still waiting for gold for direction.

EURUSD Sep 01 to Sep 05 Outlook

By News Robot

Lawrence’s Comment Recap Gapped below 1.32 and never made it back above. End of week dumping led to normal target Y-2. Closed the week near Y-2 and week low. Outlook More down side expected. Consolidation week after range expansion week ended up closing at the low is bearish. Potential short term bottom between Y-3 to […]

USDJPY Sep 01 to Sep 05 Outlook

By News Robot

Lawrence’s Comment Recap Consolidation around the closing price as expected. It is within the 100% range of the week before last too. Closed the week below Y-1 and above midpoint. Outlook The range matching that of the one before the breakout points to strong continuation potential. Should euro bounces, ninja is the exit point of […]

USDCAD Sep 01 to Sep 05 Outlook

By News Robot

Lawrence’s Comment Recap Rallied 1st to Y+1 without testing Y-0 set the stage for FBO back down to Y-1. Y-1 cleared with no resistance at all. Landed at Y-2 normal downside target. Closed the week near Y-1 and below midpoint. Outlook First crack of the bull move on daily. Weekly up trend is not damaged […]

GBPUSD Sep 01 to Sep 05 Outlook

By News Robot

Lawrence’s Comment Recap Cable tried to bottom yet not producing a strong reaction at Y-1 to go higher. Instead, it is trapped below the 1.66 key price level mentioned last week. Closed the week above Y+1 and midpoint. Outlook A ledge after strong selloff is bearish. A retest of B-1 and below is likely. Until […]

Dow 30 Sep 01 to Sep 05 Outlook

By News Robot

Lawrence’s Comment Recap Consolidation as expected. Centered around Y+1 instead of previous week close as Dow gapped up to Y+1 at the start of the week. Closed the week above Y+1 and midpoint. Outlook Pure price pattern is bullish as consolidation week with a close above wide range week is bullish. That being said, B+1 […]

S&P 500 Sep 01 to Sep 05 Outlook

By News Robot

Lawrence’s Comment Recap Similar to Dow, ES was having its consolidation week. Traded equal distance from its open. Closed the week above Y+1 and near week high. Outlook B+1 resistance points to at least retest of B-1 and likely below B-2. It is not necessary an important top, just that the price distribution needs some […]