"Weekly Outlook" Posts
USDJPY Jan 04 to Jan 08 Outlook
Lawrence’s Comment Recap Tight range actions around Y-1 at 50% range. Consolidation during quiet last week of the year. Closed the week below Y-1 and midpoint. Outlook Wait and see time for first week of the year will define the initiation for the rest of the month and in turn the rest of the year. […]
Nasdaq 100 Jan 04 to Jan 08 Outlook
Lawrence’s Comment Recap Y-0 support sent NQ up to Y+2 and above. 4700 round number resistance sent NQ back down. Closed the week below Y+1 and midpoint. Outlook Upchannel / Bear flag on 30-min and higher timeframe. Breaking channel support points to Y-2 / B-3 in play. Channel support holds we get a 3rd push […]
Dow 30 Jan 04 to Jan 08 Outlook
Lawrence’s Comment Recap Consolidation actions around Y+1. Lower boundary of open gap filled while crime scene above from the last sell off stopped the rally attempt. Closed the week near Y-0 and week low. Outlook Potential head and shoulder on 30-min for a rush back down below 17000 while Y-0 / B-1 acting as support […]
GBPUSD Apr 04 to Apr 08 Outlook