"Weekly Outlook" Posts
Dow 30 Sep 22 to Sep 26 Outlook
By News Robot
Lawrence’s Comment Recap Wild ride as mentioned last week. Pretty much straight up from Y-1 to Y+2 with very strong reactions between Y-0 and Y+1. Closed the week above Y+1 and midpoint. Outlook Extreme reactions were the result of multiple factors. Post FOMC meeting usually results in a move back to the price level right […]
Nasdaq 100 Sep 22 to Sep 26 Outlook
By News Robot
Lawrence’s Comment Recap A drop to Y-2 before NQ can stop, checked. A squeeze back up to Y-0, checked. NQ was the well behaving one last week. Post FOMC swing up to Y+1 completing the move and stalled since. Closed the week above Y-0 and midpoint. Outlook Outside week. Completion of the pullback and reversal […]
EURUSD Sep 22 to Sep 26 Outlook
By News Robot
Lawrence’s Comment Recap Bear flag broken, dropped to B-1 and below as expected. Bounced back up to Y-0 and led to another drop to week low. Closed the week below Y-1 and at week low. Outlook Euro is hanging on a thread here above 1.28. A spike low below B-2 can stop the current down […]
GBPUSD Sep 22 to Sep 26 Outlook
By News Robot
Lawrence’s Comment Recap A short squeeze from the bear flag as expected. Cable rushed to Y+3 before it stopped. Such move has no staying power and led to quick drop back down to Y+1. Closed the week near Y+1 and below midpoint. Outlook Short squeeze done. Weak shorts transferred their positions to the strong ones. […]
S&P 500 Sep 22 to Sep 26 Outlook
By News Robot
Lawrence’s Comment Recap Hard squeeze back to Y-0 as expected. Then strong reactions around Y-0 led to another squeeze to Y+1, the other extreme. Closed the week below Y+1 and above midpoint. Outlook Potential FBO against Y+1 in place as Friday failed to close above Y+1. As long as Y+1 acting as resistance ES likely […]
USDCAD Sep 22 to Sep 26 Outlook
Lawrence’s Comment Recap 1-2-3 sell off Y+1 on 4 hour points to Y-0 in play. Y-0 failed to act as support, giving us Y-1 target below. Flush later in the week tagged 1.09 near Y-1 and bounced. Closed the week below Y-0 and midpoint. Outlook Up trend broken on 4 hour. Back to no trend […]