"Weekly Outlook" Posts
Nasdaq 100 Jun 08 to Jun 12 Outlook
By News Robot
Lawrence’s Comment Recap As explained last week, NQ likely test the nearest support below first. It did and attempted to take on Y+1 after Dow made its FBO against its Y-1. But NQ cannot even clear the former resistance zone. Pure STOPD play kicked in with Y-1 target. Y-1 tagged later in the week and […]
GBPUSD Jun 08 to Jun 12 Outlook
By News Robot
Lawrence’s Comment Recap Down channel break led to a run to my target mentioned last week. It also lined up nicely from early week low at 100% absolute range expansion. Cable stalled from there and collapsed back down. Closed the week near Y-1 and below midpoint. Outlook Cable pullback to daily level resistance and continue […]
AUDUSD Jun 08 to Jun 12 Outlook
By News Robot
Lawrence’s Comment Recap FBO against Y-1 early in the week gave us a run towards Y+1. Yet, 100% absolute range expansion stopped the attempt below Y+1. Aussie dropped back down all the way. Closed the week near Y-1 and week low. Outlook B-2 and B-3 in play if B-1 / Y-1 zone turns into resistance. […]
Dow 30 Jun 08 to Jun 12 Outlook
By News Robot
Lawrence’s Comment Recap Complex swings in the beginning of the week where the bulls tried to defend the Y-0 / Y-1 zone to form a bottom. Took a FBO against Y-1 to kick start the push to Y+1. At 100% absolute range expansion Dow was stopped from going higher. Dow collapsed from there and tagged […]
EURUSD Jun 08 to Jun 12 Outlook
By News Robot
Lawrence’s Comment Recap Y-0 acted as support early in the week started a strong 1-2-3 buy with Y+3 target. That in turn started a reverse waterfall effect on daily squeezing the shorts upto the breakdown crime scene at 1.14 / Y+5. Closed the week near Y+2 and midpoint. Outlook The run up is purely reactional […]
USDCAD Jun 08 to Jun 12 Outlook
By News Robot
Lawrence’s Comment Recap As expected, multiple attempts to push higher happened last week yet no breakout was resulted. Closed the week above Y-0 and below midpoint. Outlook Tight range week with close back near both midpoints points to potential FBO against Y+1. A test of B-1 is likely with the potential of Y-1 in play.
S&P 500 Jun 08 to Jun 12 Outlook
By News Robot
Lawrence’s Comment Recap ES struggled early part of the week to hold Y-1 and attempted to test Y+1. Yet it failed to hold above Y-0 as support. When Y-1 was tagged again, it induced selling down to Y-2. Closed the week below Y-1 and midpoint. Outlook Daily down trend is now established. Will this be […]
USDJPY Jun 08 to Jun 12 Outlook
Lawrence’s Comment Recap Consolidation as expected. Tight range around previous week close until US NFP came out. Y+2 normal upside target tagged. Closed the week above Y+1 and midpoint. Outlook Daily ledge upside push points to more upside is likely. Momentum on daily depends heavily on stop run at this point. As long as B-1 […]