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Lawrence's Comment Recap Held Y-0 support, gave us a run to Y+1 as expected. Can't ask for more. Closed the week above Y-0 and midpoint. Outlook Still indecisive whether to push higher or collapse ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREGBPUSD Apr 21 to Apr 25 OutlookReal-time Commentaries 2020-4-2S&P 500 Feb 14 to Feb 18 OutlookIntraday Cycle Projection (DJIA) 2019-10-17Precog Vision – US Indices 2017-12-28Real-time Commentaries 2023-10-23Intraday Cycle Projection (DIA) 2013-11-22Precog Vision – US Indices 2018-12-21Intraday Cycle Projection (YM) 2021-10-08Intraday Cycle Projection (DJIA) 2013-08-07
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Dow 30 Feb 15 to Feb 19 Outlook
Lawrence’s Comment
Double top setup in place right from the start of the week. Test of Y-0 rejected giving us retest of Y-1 and gapped down to Y-2 and below. The defense of 1000 points round number down swing saved the week. Closed the week near Y-1 and above midpoint.
Outlook
Critcal juncture for which Dow is testing double top neckline from below. Not able to hold above B-0 will confirm weaknesses with retest of B-1 likely and below Y-3 also likely.
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