"Weekly Outlook" Posts
Nasdaq 100 Mar 28 to Apr 01 Outlook
By News Robot
Lawrence’s Comment Recap Strongest among the major indices but bear flag / up channel rally does not last. Breaking down from the channel sent NQ back down to Y-0 quickly. Closed the week above Y-0 and below midpoint. Outlook Y+1 / B-0 resistance will give us a drop down to Y-1 / B-2 and can […]
USDJPY Mar 28 to Apr 01 Outlook
By News Robot
Lawrence’s Comment Recap Up drift all week back to the crime screne after previous week close defended. Closed the week above Y-0 and midpoint. Outlook Inside week like the other majors. Bear flag on daily. A retest of B-0 and below likely and how ninja reacts down there will tell us if the daily selloff […]
EURUSD Mar 28 to Apr 01 Outlook
By News Robot
Lawrence’s Comment Recap Euro pullback lower as expected and slow week due to Easter holiday. Closed the week below Y-0 and midpoint. Outlook Inside week with tight range gives us breakout play. Bull side advantage due to bull flag formation. Clearing B-0 points to retest of Y+1 long term resistance zone likely. It is still […]
GBPUSD Mar 28 to Apr 01 Outlook
By News Robot
Lawrence’s Comment Recap Resistance zone pressured cable back down to Y-0 and below as expected. In turn stop run took it all the way back down to Y-1. Closed the week below Y-0 and midpoint. Outlook Inside week with weak close points to more weaknesses. Y-0 / B-0 confirmed resistance until proven otherwise. Breaking below […]
Dow 30 Mar 28 to Apr 01 Outlook
By News Robot
Lawrence’s Comment Recap Consolidation after the wide range run is normal. Pullback to near Y-0. Closed the week above Y-0 and near midpoint. Outlook No confirmation for a blowoff top as Y-0 was not breached. Retest of Y+1 / B+1 still likely as long as Y-0 holds. B-0 acting as resistance breaking below B-1 / […]
AUDUSD Mar 28 to Apr 01 Outlook
Lawrence’s Comment Recap Aussie found resistance from Y+1 resistance zone and stalled back down to near the crime scene below. Closed the week below Y-0 and midpoint. Outlook Y-0 / B-0 confirmed resistance with Y-1 / B-1 in play. Inside week also points to potential breakout play.