Trading Edges That Last
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Lawrence's Comment Recap Formed a bottom early in the week and rallied above Y+1 as expected. Did not quite reach the upside target. Closed the week above Y+1 and at the ...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 Another easy play last week was NQ. Flushed to below Y-2 until 100% range expansion. Bounced back up to week high and found resistance there. Enough dip buyers fried ...READ MORELawrence's Comment Recap Dow gapped down to longer term critical support level and rallied from there since. Although Dow has tried hard to push higher it did not get Y-0 at the ...READ MORELawrence's Comment Recap 50% range as expected. Consolidation actions. Closed the week near Y-1 and midpoint. Outlook The monthly resistance of 100-102 from years ago is now support. Being able to build ...READ MOREGBPUSD Jul 25 to Jul 29 OutlookPrecog Vision – Forex 2019-8-15Intraday Cycle Projection (USDJPY) 2013-09-12Hot n Cold (USDJPY) 2017-4-21Nasdaq 100 Mar 31 to Apr 04 OutlookDow 30 Aug 03 to Aug 07 OutlookNasdaq 100 Dec 24 to Dec 28 Outlook3DP Odds Table (USDJPY) 2015-11-03Intraday Cycle Projection (USDJPY) 2015-05-06USDJPY Aug 08 to Aug 12 Outlook
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USDJPY Nov 12 to Nov 16 Outlook
Lawrence’s Comment
Start the week with a pullback to Y-0 and bounced off. The pop failed to go higher and broken below Y-0. 1-2-3 sell triggered with Y-1 target in place since then. Flushed lowered later in the week to Y-1 and stopped when 100% absolute range expansion is reached. Closed the week above Y-1 and below midpoint.
Outlook
Daily uptrend about to be broken. As long as B-0 acting as resistance a retest of B-1 is likely.
To defend the daily uptrend, this week must hold Y-1.
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