"Weekly Outlook" Posts
Nasdaq 100 Jun 15 to Jun 19 Outlook
By News Robot
Lawrence’s Comment Recap Drop to Y-2 as expected. Y-2 / 4400 strong support points to Y-1 retest. Then the rumors about Greece surfaced and had driven NQ back up to Y-0. By Friday rollover, a pullback happened as Greece news dominated the day again. Closed the week near Y-1 and midpoint. Outlook Y-1 / B-0 […]
GBPUSD Jun 15 to Jun 19 Outlook
By News Robot
Lawrence’s Comment Recap Y-1 / Y-0 zone defended early in the week points to a test of Y+1 coming. Y+1 cleared with ease and ended the daily down trend. Normal upside target of Y+2 tagged. Closed the week above Y+1 and midpoint. Outlook Daily down trend broken but new up trend not established yet. So […]
Dow 30 Jun 15 to Jun 19 Outlook
By News Robot
Lawrence’s Comment Recap Dow extended its losses early in the week with wedging actions gave us a clue that this could be an FBO against Y-1. Confirmed by Wednesday with a very powerful gap and go run back to Y-0. Y-0 turned into support and sent Dow higher until top of former consolidation zone was […]
USDJPY Jun 15 to Jun 19 Outlook
By News Robot
Lawrence’s Comment Recap Previous week close resistance sent the pair down to Y-0. Y-0 did not act as support at all gave us test of Y-1. Y-1 also failed to act as support sent it down to normal downside target of Y-2. Bounced to Y-1 right after. Closed the week below Y-1 and midpoint. Outlook […]
AUDUSD Jun 15 to Jun 19 Outlook
By News Robot
Lawrence’s Comment Recap Y-1 support forced a retest of Y-0. Y-0 failed to hold Aussie down and a jump to near Y+1 happened. Not enough fuel to get a test though. Closed the week above Y-0 and midpoint. Outlook Inside week with midpoints close to each other is giving us a strong weekly breakout play. […]
USDCAD Jun 15 to Jun 19 Outlook
By News Robot
Lawrence’s Comment Recap Down side expectation worked out beautifully. Down side targets tagged before a bounce was possible. Closed the week below Y-1 and midpoint. Outlook Y-1 / B-0 now strong resistance until proven otherwise. Retest of B-1 in play as long as resistance zone holding this down.
S&P 500 Jun 15 to Jun 19 Outlook
By News Robot
Lawrence’s Comment Recap ES dropped lower initially but turned into 1-2-3 buy on 30-minute against Y-1 which gave us a go for Y-0. Y-0 was cleared and turned into support. This sent ES high until Friday the development in Europe sent the stock markets lower. Closed the week near Y-1 and below midpoint. Outlook Y-1 […]
EURUSD Jun 15 to Jun 19 Outlook
Lawrence’s Comment Recap Above 1.12 resistance continues to cap the upside for euro. Test of Y+1 dropped euro back down to below 1.12 quickly. Closed the week above Y-0 and midpoint. Outlook Euro staying strong on the “can kicking down the road” script. Now that another day is set on June 30, this will lead […]