Recap Consolidated around previous week close. Took out Y+1 as expected from the slight upside bias. Closed the week below midpoint and above Y-0.
Outlook Y-0 next tell tale zone. Rejection of Y+1 points to a test of at least Y-0. Since it did not happen last week we will likely get it this week. As long as B-0 is not breached on retest, B-2 is also in play.
Lawrence's Comment
Recap
Similar to Dow and NQ, ES is trapped between Y+1 and Y-0. Gaps all over the place. Closed the week near Y-0 and below midpoint.
Outlook
Inside week with ...
Lawrence's Comment
Recap
As expected ninja rallied back above Y-0. Stalled after first challenge near 100 round number level. Closed the week above midpoint and below Y-0.
Outlook
Easy long last week does not ...
Lawrence's Comment
Recap
Election week started with Y-1 holding up fine, which opened the door to Y-0 and the election results propelled cable back up to Y+1. Closed the week above Y-0 ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Lawrence's Comment
Recap
Popped back up to Y+1 as expected. Closed above Y-0 and near midpoint.
Outlook
Long term bottom in place so this is part of the long term process of building ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
USDJPY Mar 18 to Mar 22 Outlook
Lawrence’s Comment
Consolidated around previous week close. Took out Y+1 as expected from the slight upside bias. Closed the week below midpoint and above Y-0.
Outlook
Y-0 next tell tale zone. Rejection of Y+1 points to a test of at least Y-0. Since it did not happen last week we will likely get it this week. As long as B-0 is not breached on retest, B-2 is also in play.
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