Recap Test of Y-1 as expected. It holds so we get a run back up. Y+1 tagged by end of the week. Closed the week near Y+1 and week high.
Outlook Outside reversal week is bullish. Y+2 in play early next week as long as Y+1 acting as support. Pull back to B-0 is possible but not necessary.
Lawrence's Comment
Recap
NQ did not follow Dow going all wild to the upside in the beginning of the week. It was the normal one last week. Failed to push ...
Lawrence's Comment
Recap
Cable holding previous week close early in the week started a breakout until 100% absolute range expansion is reached. Closed the week near Y+2 and above midpoint.
Outlook
This ...
Lawrence's Comment
Recap
News driven market condition as noted in last week's comment materialized. Messy price actions all week due to news / rumours yet our trusted NFP biases all worked out. ...
Lawrence's Comment
Recap
Did not even test Y+1 and dropped back down to Y-1 as expected. Wild 2-way swings as mentioned last week. ES could not find support since Y-1 was broken. ...
USDJPY May 04 to May 08 Outlook
Lawrence’s Comment
Test of Y-1 as expected. It holds so we get a run back up. Y+1 tagged by end of the week. Closed the week near Y+1 and week high.
Outlook
Outside reversal week is bullish. Y+2 in play early next week as long as Y+1 acting as support. Pull back to B-0 is possible but not necessary.
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