"Weekly Outlook" Posts
USDJPY May 16 to May 20 Outlook
By News Robot
Lawrence’s Comment Recap Ninja popped higher with upside target tagged as expected. Resistance at Y+3 keeping the range in check. Closed the week near Y+2 and above midpoint. Outlook Strong resistance at Y+3 /B+1 zone. Big sideway consolidation between B+1 and B-1 likely until weekly and monthly support / resistance line up. Breaking below B-0 […]
USDCAD May 16 to May 20 Outlook
By News Robot
Lawrence’s Comment Recap Consolidation at 50% range found support above Y-0 and sent this back up to Y+1. Closed the week near Y+1 and above midpoint. Outlook Y+1 resistance points to potential bull flag on 4 hours until higher timeframes catch up with the trend change. Clearing B+1 quickly points to melt up play for […]
Dow 30 May 16 to May 20 Outlook
By News Robot
Lawrence’s Comment Recap Short squeeze back up to Y+1 as expected filling the open gap above. The move was so dirty that it was erased right after and led to spike reversal for Y-1 play. Tagged Y-1 at the end of the week. Closed the week below Y-1 and near week low. Outlook Outside reversal […]
EURUSD May 16 to May 20 Outlook
By News Robot
Lawrence’s Comment Recap Sold off from resistance mentioned last week down to Y-2 target. Closed the week below Y-1 and near week low. Outlook Breaking below B-1 without testing B-0 first points to waterfall effect in play with target at B-3 and below.
S&P 500 May 16 to May 20 Outlook
By News Robot
Lawrence’s Comment Recap ES got the down channel resistance and sold off from there. Monday low acted as support for one day and gave in on 2nd test. Closed the week below Y-0 and near week low. Outlook Bear flag on daily points to breaking below B-1 will give us B-2 and B-3. Holding B-1 […]
GBPUSD May 16 to May 20 Outlook
By News Robot
Lawrence’s Comment Recap Consolidation week at 50% range. Closed the week beow Y-1 and near week low. Outlook Quick drop to B-2 points to weekly range expansion down to Y-3 potential. Grexit will continue to pressure cable all the way.
Nasdaq 100 May 16 to May 20 Outlook
By News Robot
Lawrence’s Comment Recap NQ attempt Y+1 and produced a FBO on daily. This gives us Y-1 target. NQ sold off to 100% absolute range and tried to bounce. Closed the week below Y-0 and near week low. Outlook Y-0 / B-0 strong resistance until proven otherwise. Breaking below Y-0 points to very steep sell off […]
AUDUSD May 16 to May 20 Outlook
Lawrence’s Comment Recap Consolidation with tight range around Y-1. Closed the weekbelow Y-1 and near week low. Outlook Waterfall effect points to potential drop down to Y-2 and Y-3 before support is found. Quick reversal back up above B+1 with Y-1 / B-0 support can lead to up drift with Y-0 target.