Lawrence's Comment
Recap
More upside as expected. Consolidated around Y+1. Closed the week near Y-0 and below midpoint.
Outlook
First week long pullback. as long as Y-0 / B-1 acting as support, B-0 is ...
Lawrence's Comment
Recap
Cable trapped in 50% previous week range after the outside week reversal. It is normal to have consolidation after range expasion move and it did. Cable drifted back towards ...
Lawrence's Comment
Recap
Y+1 (i.e. 15000) acted as resistance as expected and sent Dow back down yet it failed to test Y-0. This is bullish. 2nd attempt at Y+1 breached the resistance ...
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
NQ bounced to above Y-0 and found resistance. Could not hold above Y-0 and gave us the expected drop to Y-1 for a test. Previous week close holding NQ ...
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
USDCAD Jan 02 to Jan 06 Outlook
Lawrence’s Comment
Y-1 failed to hold up the pair. Y-0 was not even challenged from below. Closed the week, however, above Y-1.
Outlook
Opened the door to test Y-2 below. Breaking above B+1 will mark the end of this down trend.
Share