"Weekly Outlook" Posts
Nasdaq 100 Apr 14 to Apr 18 Outlook
By News Robot
Lawrence’s Comment Recap First half of the week showing signs of reduced range and consolidation behaviour. Then the spike up to challenge Y-0 failed, led to all out melt down. NQ could not find support until Y-2 was reached due to the dip buyers being trapped. Closed the week below Y-2 and near week low. […]
USDJPY Apr 14 to Apr 18 Outlook
By News Robot
Lawrence’s Comment Recap Ninja moved lower as expected. What I did not expect, however, was the all out melt down. Got Y-3 before ninja can even bounce. Closed the week below Y-2 and midpoint. Outlook Partially event driven, but this pullback is mostly expected due to the daily level overbought condition. Ninja needs to absorb […]
USDCAD Apr 14 to Apr 18 Outlook
By News Robot
Lawrence’s Comment Recap As expected, more downside. Y-0 resistance sent this down to almost Y-3. Resistance trend line break gave us a bear flag / up channel back up above Y-1. Closed the week above Y-1 and midpoint. Outlook Potential long term bottom in the making. First, we need to see B-1 acting as support […]
EURUSD Apr 14 to Apr 18 Outlook
By News Robot
Lawrence’s Comment Recap Y-0 cleared from below, gave us reason to go long and Y+1 was cleared with minimal effort. Y+2 normal target reached. Closed the week below Y+2 and above midpoint. Outlook Strange rally as usual caused by actions from ECB and EU. The 3 pushes down pattern on daily already gave us a […]
S&P 500 Apr 14 to Apr 18 Outlook
By News Robot
Lawrence’s Comment Recap First thing first, ES slided down to my target Y-2. Support was found and ES started to drift higher. At 100% range expansion, ES could no longer sustain itself and collapsed back down and printed Y-3 downside target. Closed the week below Y-3 and near week low. Outlook ES got its measured […]
GBPUSD Apr 14 to Apr 18 Outlook
Lawrence’s Comment Recap Support at Y-1 worked out, gave us Y+1 and more. 200% range expansion like Aussie. Closed the week above Y+1 and midpoint. Outlook Although the rally was a product of stop run, the 2nd pop last week gave the bulls a strong support zone at Y+1 / B-0. As long as that […]