"Weekly Outlook" Posts
Dow 30 Mar 30 to Apr 03 Outlook
Lawrence’s Comment Recap Dow pullback from Y+1 down to Y-0 was expected and unfolded early in the week. When it fails to hold Y-0, the drop turned into all out sell off down to the price level before FOMC announcement. Closed the week near Y-1 and below midpoint. Outlook Outside down week is very bearish […]
USDJPY Mar 30 to Apr 03 Outlook
Lawrence’s Comment Recap Consolidation play earlier part of the week with Y-1 support. Later in the week trouble in Yemen led to break down play which doubled the range for the week. Closed the week below Y-1 and midpoint. Outlook Weekly consolidation / pullback now confirmed. Y-0 / B+1 now strong resistance. Until swing trend […]
Dow 30 Nov 30 to Dec 04 Outlook