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
Dow held up at top zone around Y+1. Event driven breakout gave us 100% expansion off the tight range. Closed the week above Y+1 and midpoint.
Outlook
Test of ...
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
Lawrence's Comment
Recap
Previous week close defended gave us a run for Y+2. Y+2 tagged and strong reaction there dropped Dow back down to Y+1. Closed the week near Y+1 and midpoint.
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USDJPY Nov 24 to Nov 28 Outlook
Lawrence’s Comment
Y-0 acted as support sending ninja straight up to Y+2. Rising wedge turned into full blown up channel. Closed the week above Y+1 and midpoint.
Outlook
A pocket at Y+1 is now formed. As long as ninja fails to clear B+1, the pocket and B-1 are in play.
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