"Weekly Outlook" Posts
S&P 500 Feb 15 to Feb 19 Outlook
By News Robot
Lawrence’s Comment Recap Breakdown play target reached in the beginning of the week. Bounced off there to test Y-1 from below as expected. Failing to re-enter previous week range gave us a go for new low. 100% absolute range expansion stopped the drop. Closed the week below Y-1 and above midpoint. Outlook ES head and […]
EURUSD Feb 15 to Feb 19 Outlook
By News Robot
Lawrence’s Comment Recap Consolidation play all week around Y+1. Upside momentum carried Euro higher in an up channel. Closed the week near Y+1 and midpoint. Outlook B+1 / B+2 strong resistance zone off the weekly chart. Breaking below B-0 / Y+1 points to retest of Y-0 and below the crime scene of short squeeze.
USDCAD Feb 15 to Feb 19 Outlook
By News Robot
Lawrence’s Comment Recap Sideway actions as expected. 50% range all week. Closed the week below Y-0 and midpoint. Outlook Compression gives us breakout mode. Potential slingshot move with Y-1 being retested first and if that holds, leading to a run back up to Y+1.
GBPUSD Feb 15 to Feb 19 Outlook
By News Robot
Lawrence’s Comment Recap Tight range 2-way swings as expected. 50% week range. Closed the week near Y-0 and midpoint. Outlook Compression points to breakout mode. The struggle to hold Y-0 points to potential resumption of the weekly down trend in the making. Breaking below B-1 points to B-2 and waterfall to B-3.
Nasdaq 100 Feb 15 to Feb 19 Outlook
By News Robot
Lawrence’s Comment Recap Flushed to downside target as mentioned last week and the expected pause started. Sideway actions all week at 50% range. Closed the week near Y-1 and above midpoint. Outlook Ledge at 30 min and higher timeframes points to continuation potential. Trend was down before entering the ledge. Breaking below B-1 will give […]
USDJPY Feb 15 to Feb 19 Outlook
Lawrence’s Comment Recap Continuation sell down to Y-2 yet failed to produce a bounce. Breaking below Y-2 gave us Y-3. Closed the weekbelow Y-2 and midpoint. Outlook Stop hunting move once Y-2 was breached as the range expansion is 100% of the range of the week before the break down. Ninja dropped to its monthly […]