"Weekly Outlook" Posts
Nasdaq 100 Mar 09 to Mar 13 Outlook
By News Robot
Lawrence’s Comment Recap NQ started out the week very strong tagging Y+2. It then failed to hold above Y+1 and slided all the way back down to Y-1 which I warned about. From there NQ continues to show strength by rallying back up to Y+1. After NFP was out, NQ could no longer hold up […]
USDJPY Mar 09 to Mar 13 Outlook
By News Robot
Lawrence’s Comment Recap As explained in details last week, there is very limited downside potential and ninja is likely to push higher. Ninja consolidated around Y+1 and breakout to the upside and tagged the normal breakout target of Y+3. Closed the week above Y+2 and midpoint. Outlook Breakout on weekly. 120 potential support for more […]
EURUSD Mar 09 to Mar 13 Outlook
By News Robot
Lawrence’s Comment Recap Minimal down side target tagged mid week and euro went full breakdown from there. Euro could not stop at all and dropped straight down to Y-4. Closed the week below Y-4 and at week low. Outlook More downside is expected. Y-5 potential temporary bounce off point with consolidation around B-1 to follow.
USDCAD Mar 09 to Mar 13 Outlook
By News Robot
Lawrence’s Comment Recap 2-way play as expected. Y-0 resistance sent price down to near Y-1 and took off from there back up to equal distance from previous week close. Closed the week above Y-0 and near week high. Outlook The base building process has created a strong support zone below 1.25 making it more likely […]
S&P 500 Mar 09 to Mar 13 Outlook
By News Robot
Lawrence’s Comment Recap ES started the week strong pushing higher but failed to stay above Y-0 and collapsed back down to Y-1 and below. That opened the door to Y-2. From there Y-1 acted as resistance and sent ES striaght down to almost Y-5 after NFP came out. Closed the week below Y-4 and near […]
Nasdaq 100 Feb 09 to Feb 13 Outlook
By News Robot
Lawrence’s Comment Recap NQ bottomed early in the week with Dow and ES but it was not one of the stronger bottoming pattern. Y-0 cleared and then it was a struggle to go higher since. NQ topped at 100% range expansion and reacted violently back down to the start of the up drift. Closed the […]
USDJPY Feb 09 to Feb 13 Outlook
By News Robot
Lawrence’s Comment Recap Ninja flirted with the lower breakout boundary all week without clearing it led to one massive upside squeeze to breakout above the upper breakout boundary. Closed the week above Y+1 and at week high. Outlook Y+1 support with Y+3 breakout target still in play.
AUDUSD Feb 09 to Feb 13 Outlook
By News Robot
Lawrence’s Comment Recap Aussie spiked below Y-1 and snapped back up above without tagging Y-2 first. Y-1 turned into support sending Aussie back up to Y-0. Closed the week below Y-0 and midpoint. Outlook Aussie tried to form a bottom but so far it has not shown us the strength necessary for further upside. Y-0 […]
USDCAD Feb 09 to Feb 13 Outlook
By News Robot
Lawrence’s Comment Recap Yeary STOPD expansion target Y+1 stopped the run and led to the first significant pullback in months. Directional drop from previous week close straight down to Y-1 and 100% range expansion before a bounce. Y-0 resistance stopped the bounce. Closed the week below Y-0 and midpoint. Outlook Consolidation after the wild swings […]
AUDUSD Mar 09 to Mar 13 Outlook
Lawrence’s Comment Recap Aussie dropped from resistance zone mentioned last week, breaking Y-1 at the end of the week as expected. Closed the week below Y-1 and at week low. Outlook 4 Hour head and shoulder in place with B-2 target in play. Y-1 now strong resistance.