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Lawrence's Comment Recap Gap zone tested and failed to fill the gap. Price breakdown to Y-2. Bounced back to Y-1. Then 100% absolute range expansion to the downside stopped the drop. ...READ MORELawrence's Comment Recap As expected ES dropped down to the Y-2 and Y-3 area and fighted hard to hold up. Y-0 acting as resistance forced a retest of week low made on ...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 MOREPrecog Vision – Forex 2019-3-18Weekly Cycle Projection (GBPUSD) 2016-05-09S&P 500 Nov 07 to Nov 11 OutlookNasdaq 100 Mar 21 to Mar 25 Outlook3DP Odds Table (GBPUSD) 2018-09-263DP Odds Table (GBPUSD) 2014-07-08S&P 500 Oct 07 to Oct 11 OutlookPrecog Vision – Forex 2013-3-4USDJPY Sep 02 to Sep 06 OutlookWeekly Cycle Projection (GBPUSD) 2020-04-20
As Featured In
GBPUSD Aug 31 to Sep 04 Outlook
Lawrence’s Comment
Uptrend intact in beginning of the week gave us the Y+2 target. Then violent takedown breached Y-0 key up channel support. Waterfall effect brought cable straight down to Y-3 and below. Closed the week near Y-3 and below midpoint.
Outlook
A bounce to Y-2 / B-0 is in the making as long as B-1 acts as support. Potential 3 pushes down on 4 hour in the making.
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