Recap Seasonal bearish bias kicked in at the right time and played out nicely into year end. Closed the week near Y-2 and week low.
Outlook Complicated situation as last week of the year does not have enough players expressing their opinions. Wait and see mode this first week of the week for directional clues.
Lawrence's Comment
Recap
Pocket below Y-0 was taken care of first thing in the week, giving ES an excuse to go higher to fill the open gap above right after. 2 legs ...
Lawrence's Comment
Recap
Bullish consolidation until news shock hit. ES chooses to go higher and zoomed 100% of the range before the news. Closed the week above Y+1 and near week high. ...
Lawrence's Comment
Recap
Dropped below 15000 as expected. Flushed down to Y-3 and support was found. Bounced back up to week mid. Closed the week near midpoint and Y-2.
Outlook
Well structured selling. No ...
Lawrence's Comment
Recap
As expected the push to the upside has failed and resulted in a test of Y-1. Yet Dow defended the Y-1 boundary and rallied back above Y-0. Closed the ...
GBPUSD Jan 04 to Jan 08 Outlook
Lawrence’s Comment
Seasonal bearish bias kicked in at the right time and played out nicely into year end. Closed the week near Y-2 and week low.
Outlook
Complicated situation as last week of the year does not have enough players expressing their opinions. Wait and see mode this first week of the week for directional clues.
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