Recap Holding steady near Y+1 early in the week. Then spike high failed to hold above Y+1 and gave us the Y-0 target. Y-0 tagged later in the week. Closed the week above Y-0 and near midpoint.
Outlook A consolidation week in reduced range. Holding Y-0 is sign of strength. As long as Y-0 / B-1 acting as support, B+1 retest is not a problem.
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Lawrence's Comment
Recap
ES tried to zoom higher but failed to hold above Y-0 as support. ES dropped to Y-1 eventually and bounced. V-reversal carried ES straight up to make new high ...
Lawrence's Comment
Recap
Pullback to Y-0 and then breaking down to below Y-1. Suport found underneath Y-1 and forced a bounce back up to Y-0. Closed the week below Y-0 and near ...
Lawrence's Comment
Recap
NQ started out the week very strong tagging Y+2. It then failed to hold above Y+1 and slided all the way back down to Y-1 which I warned about. ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Lawrence's Comment
Recap
Updrift all the way as no new news shock coming from Euro zone. The updrift ended with a 3 pushes up and stalled. Closed the week above Y+1 and ...
USDJPY Jun 02 to Jun 06 Outlook
Lawrence’s Comment
Holding steady near Y+1 early in the week. Then spike high failed to hold above Y+1 and gave us the Y-0 target. Y-0 tagged later in the week. Closed the week above Y-0 and near midpoint.
Outlook
A consolidation week in reduced range. Holding Y-0 is sign of strength. As long as Y-0 / B-1 acting as support, B+1 retest is not a problem.
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