Trading Edges That Last
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Lawrence's Comment Recap As mentioned last week, "there is no upside at all for NQ". The price level NQ opened at was pretty much B+1 of the week. Big swings dropped NQ ...READ MOREPrecog Vision – Forex 2021-4-30Weekly Cycle Projection (AUDUSD) 2013-04-01Precog Vision – Forex 2019-10-7Precog Vision – Forex 2019-10-73DP Odds Table (AUDUSD) 2012-05-11USDJPY May 04 to May 08 OutlookIntraday Cycle Projection (AUDUSD) 2020-10-06Nasdaq 100 Oct 13 to Oct 17 OutlookHot n Cold (AUDUSD) 2013-11-1Dow 30 Mar 06 to Mar 10 Outlook
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AUDUSD Feb 09 to Feb 13 Outlook
Lawrence’s Comment
Aussie spiked below Y-1 and snapped back up above without tagging Y-2 first. Y-1 turned into support sending Aussie back up to Y-0. Closed the week below Y-0 and midpoint.
Outlook
Aussie tried to form a bottom but so far it has not shown us the strength necessary for further upside. Y-0 / B+1 resistance has to be cleared first before it is confirmed that a longer term bottom is in place.
It is more likely a retest of Y-1 is necessary to decide the winning side.
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