"Weekly Outlook" Posts
EURUSD Feb 10 to Feb 14 Outlook
By News Robot
Lawrence’s Comment Recap Similar jawboning and again 1.35 defended in an ugly fashion. Surprise jump higher squeezed euro above Y-0 by the end of the week. Closed the week above Y-0 and midpoint. Outlook On weekly, euro has been in a down channel for a long time. It is now broken to the upside. If […]
Dow 30 Feb 10 to Feb 14 Outlook
By News Robot
Lawrence’s Comment Recap Dow could not hold above Y-1 leading to continuation sell down to below Y-2. Formed double bottom and zoomed higher back up to above Y-1 and initiated a squeeze to Y-0. Closed the week at Y-0 and near week high. Outlook NFP week ended like a normal NFP week. So it is […]
S&P 500 Feb 10 to Feb 14 Outlook
By News Robot
Lawrence’s Comment Recap ES broke Y-1 from its ledge gave us Y-3 target. Tagged Y-3 and holding since. Double bottom at Y-3 sent Es back up to above Y-1. That in turn triggered a short squeeze / stop run back up to Y+1. Closed the week near Y+1 and week high. Outlook Not the first […]
USDCAD Feb 10 to Feb 14 Outlook
Lawrence’s Comment Recap Another easy play for the week. Dropped to Y-1 as expected. consolidated between Y-0 and Y-1. Dropped further down to 100% expansion of the consolidation. Closed the week near Y-1 and below midpoint. Outlook Not quite a selloff we have last week. More like stop discovery. Potential down channel in place. Until […]