"Weekly Outlook" Posts
USDJPY Jan 18 to Jan 22 Outlook
By News Robot
Lawrence’s Comment Recap Ninja attempted to hold Y-1 but capped by 118 round number. Eventually flushed down to equal distance from previous week close. Closed the week below Y-1 and midpoint. Outlook Y-1 / B-0 resistance until proven otherwise. Slingshot move from below B-1 back up to B+1 points to B+3 in play.
Nasdaq 100 Jan 18 to Jan 22 Outlook
By News Robot
Lawrence’s Comment Recap NQ did flushed and snap back up in the beginning of the week without tagging Y-2 but failed to clear week high on Wednesday thanks to various big firms coming out with extreme bearish outlook on the stock markets. This led to panic selling and extreme volatility into Friday close. Closed the […]
Dow 30 Jan 18 to Jan 22 Outlook
By News Robot
Lawrence’s Comment Recap Did not get a flush on MOnday so the bounce was also weak. News shock from various fronts sent Dow lower and eventually breaking the psychological support at 16000 round number. Closed the week near Y-2 and below midpoint. Outlook Notice the week actually followed the consolidation actions behaviour as mentioned last […]
S&P 500 Jan 18 to Jan 22 Outlook
Lawrence’s Comment Recap ES did not flush lower hence produced a bounce weaker than expected and failed to tag the pullback minimal target. News shock selling dropped ES lower again to another key technical level and induced a stronger bounce. Friday gap down completed the 100% range expansion off the initial upside attempt and stuck […]