"Weekly Outlook" Posts
USDJPY Jun 13 to Jun 17 Outlook
Lawrence’s Comment Recap Up drift to 1/2 the breakdown move and then went into consolidation. Closed the week above Y-1 and near midpoint. Outlook Brexit will affect all majors. Obvious support / resistance zones will be easily breached. Flush low to B-2 / B-3 and snap back points to strong reversal for B+2 play.
Dow 30 Jun 13 to Jun 17 Outlook
AUDUSD Jun 13 to Jun 17 Outlook
USDCAD Jun 13 to Jun 17 Outlook
S&P 500 Jun 13 to Jun 17 Outlook
Lawrence’s Comment Recap Bullish setup wroked out with Y+2 tagged. Since then weaknesses kicked in and dropped to Y-1. Closed the week near Y-1 and week low. Outlook Outside reversal week is bearish if we get a confirmation this week. Resistance above Y+1 / B-0 with huge daily pocket below down to Y-3 / B-2 […]
GBPUSD Jun 13 to Jun 17 Outlook
Lawrence’s Comment Recap Compression within Y-1 / Y-0 initially as expectation. Fake out on both ends as expected too. End of week collapse sent cable down to normal Y-2 downside target. Closed the week near Y-2 and below midpoint. Outlook Last week from Brexit and liquidity issue will easily swing cable both ways. Only deep […]
Nasdaq 100 Jun 13 to Jun 17 Outlook
Lawrence’s Comment Recap Weakest of the 3 indices, resistance at Y+1 all week and collapsed down to near Y-3 as expected. Closed the week near Y-2 and week low. Outlook There is no real support below until B-2 and B-3. Upside resistance very strong from B-0 to 4500 round number. As forex markets waiting for […]
EURUSD Jun 13 to Jun 17 Outlook
Lawrence’s Comment Recap More upside as expectation. 1.14 proven strong resistance as stated in Jun MBO newsletter update. Pullback to Y-0 eventually. Closed the week near Y-0 and week low. Outlook Last week before Brexit. Liquidity will dry up and that means the closest boundaries will be challenged easily and if they failed to contain […]