Recap A wash week as I told my premium members with last 2 days of the year likely bearish wiping out the gains. Closed the week above Y-0 and near week low.
Outlook Monday gap down to B-2 will be test of critical support. That holds, we have the potential of another leg moving higher into first NFP for the year.
Lawrence's Comment
Recap
Bad data affected this chart. Aussie pushed higher above Y+1 but failed to hold up at the end and dropped all the way back to Y+1. Closed the week ...
S&P 500 Jan 04 to Jan 08 Outlook
Lawrence’s Comment
A wash week as I told my premium members with last 2 days of the year likely bearish wiping out the gains. Closed the week above Y-0 and near week low.
Outlook
Monday gap down to B-2 will be test of critical support. That holds, we have the potential of another leg moving higher into first NFP for the year.
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