Recap Lower timeframe bearishness took Ninja down from FBO at Y-0 down to 100% absolute range expansion. Closed the week below Y-1 and midpoint.
Outlook Now lower and higher timeframes are aligned. Lower timeframes completed its measured down move while higher timeframes’ support at Y-2 is right below. As long as Y-2 / B-1 acting as support, another swing bottom will be in place with 1st target above B+1.
Lawrence's Comment
Recap
A chance for the bears showed up in the beginning of the week when ES produced a w. upthrust Monday. The points to a selloff to at least ...
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
Cable popped higher first before pullback gave it a chance to stay above Y+1. That paved the way for cable to tag Y+2. Closed the week above midpoint and ...
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
Strongest among the big 3 indices. FBO Monday, this time NQ can no longer gap up to force a breakout to the upside. Hence normal selloff back down to ...
USDJPY Oct 28 to Nov 01 Outlook
Lawrence’s Comment
Lower timeframe bearishness took Ninja down from FBO at Y-0 down to 100% absolute range expansion. Closed the week below Y-1 and midpoint.
Outlook
Now lower and higher timeframes are aligned. Lower timeframes completed its measured down move while higher timeframes’ support at Y-2 is right below. As long as Y-2 / B-1 acting as support, another swing bottom will be in place with 1st target above B+1.
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