Trading Edges That Last
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Lawrence's Comment Recap ES broke Y-1 from its ledge gave us Y-3 target. Tagged Y-3 and holding since. Double bottom at Y-3 sent Es back up to above Y-1. That in turn ...READ MOREFor 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 scheduleREAD MORELawrence's Comment Recap Expectation of very strong reaction materialized. Previous week close acted as support and sparked a strong push of 200% absolute range expansion to the upside. Closed the week above ...READ MORES&P 500 Feb 10 to Feb 14 OutlookDow 30 Aug 30 to Sep 03 OutlookWeekly Cycle Projection (EURUSD) 2012-01-16Intraday Cycle Projection (EURUSD) 2016-01-153DP Odds Table (EURUSD) 2013-11-01Precog Vision – Forex 2020-11-16USDJPY Jul 18 to Jul 22 OutlookIntraday Cycle Projection (EURUSD) 2013-02-073DP Odds Table (EURUSD) 2017-12-19Nasdaq 100 Sep 21 to Sep 25 Outlook
As Featured In
EURUSD Sep 22 to Sep 26 Outlook
Lawrence’s Comment
Bear flag broken, dropped to B-1 and below as expected. Bounced back up to Y-0 and led to another drop to week low. Closed the week below Y-1 and at week low.
Outlook
Euro is hanging on a thread here above 1.28. A spike low below B-2 can stop the current down move if a strong bounce is resulted from the flush. Until Euro can reclaim B-0, it will not be strong enough to move higher to the longer term resistance at B+2 / Y+3.
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