Trading Edges That Last
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Lawrence's Comment Recap ES behaves more like NQ like week than Dow. Early in the week ES found support at 2000 round number zone and cleared Y-0 on 2nd try. Y-0 support ...READ MORELawrence's Comment Recap Easy one for the week. Y-0 resistance dropped directionally down to Y-2 and below. Closed the week below Y-1 and near midpoint. Outlook The weekly level pullback in progress. ...READ MORELawrence's Comment Recap NQ failed to clear former resistance from Y-0 has opened the door to gap fill below. Got that in 1 go and a strong bounce was resulted. Yet NQ ...READ MORELawrence's Comment Recap FBO against Y+1 gave us a drop until 100% absolute range expansion. Since then bounced back up to week midpoint. Closed the week near Y-0 and below midpoint. ...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 MORES&P 500 Jan 26 to Jan 30 OutlookIntraday Cycle Projection (AUDUSD) 2022-10-04Intraday Cycle Projection (AUDUSD) 2016-11-18USDJPY Jan 19 to Jan 23 OutlookNasdaq 100 Mar 17 to Mar 21 OutlookUSDCAD Feb 14 to Feb 18 OutlookUSDCAD Oct 03 to Oct 07 OutlookPrecog Vision – Forex 2021-10-123DP Odds Table (AUDUSD) 2013-12-24AUDUSD Oct 04 to Oct 08 Outlook
As Featured In
AUDUSD May 19 to May 23 Outlook
Lawrence’s Comment
Consolidation around previous week close as expected. 50% range. Closed the week above Y-0 and near midpoint.
Outlook
The consolidation exposed the weaknesses in Aussie as the reaction to Y+1 was very strong.
A longer pullback is probably in play if Y+1 / B+1 caps the upside. Downside target around B-2.
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