"Weekly Outlook" Posts
EURUSD Feb 09 to Feb 13 Outlook
By News Robot
Lawrence’s Comment Recap The expectation Euro would be a difficult play was correct. Due to ECB and Greece fighting, Euro spiked up and down depending on the news fed out at the time. Closed the week above Y-0 and near week low. Outlook Euro failed to push higher and closed back down to near Y-0 […]
Dow 30 Feb 09 to Feb 13 Outlook
By News Robot
Lawrence’s Comment Recap I was looking for a reversal and we got it. The run back up to Y+1 was not a surprise. What is interesting is the continuous grind up despite the fact that Euro zone crisis has developed further into chaos. By Friday after NFP report, Dow finally pullback from near Y+2. Closed […]
S&P 500 Feb 09 to Feb 13 Outlook
By News Robot
Lawrence’s Comment Recap The bullish reversal scenario happened. Cleared Y+1 quickly but failed to close above. Closed the week above Y-0 and midpoint. Outlook In order to continue matching higher, ES must hold Y-0 / B-0 support. A consolidation week where ES stuck inbetween Y+1 and Y-0 will be likely and it is one of […]
GBPUSD Feb 09 to Feb 13 Outlook
Lawrence’s Comment Recap 1-2-3 rejection of Y-1 on 4 hour sent cable back up to above Y+1. Minimal pullback and another push to Y+2 before cable can stop. Closed the week above Y+1 and midpoint. Outlook Potential daily swing low in place for cable. Y-0 / Y+1 whole zone is now support. As long as […]