Trading Edges That Last
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Lawrence's Comment Recap Short bias from last week played out well until Y-2 was tagged and that the huge gap from beginning of March was rejected. ES zoomed back up from below ...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 MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORES&P 500 Mar 25 to Mar 29 OutlookPrecog Vision – US Indices 2017-6-14Intraday Cycle Projection (DIA) 2013-07-09Precog Vision – US Indices 2016-2-263DP Odds Table (DJIA) 2018-07-30Intraday Cycle Projection (DJIA) 2014-08-193DP Odds Table (DJIA) 2011-10-21Precog Vision – US Indices 2023-7-33DP Odds Table (DIA) 2016-10-10Real-time Commentaries 2022-6-16
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Dow 30 Oct 21 to Oct 25 Outlook
Lawrence’s Comment
Further upside drift as expected. 2nd pop in the week tagged the upside target mentioned last week. From there Dow simply consolidated around the target zone. Closed the week near the week high and above Y+1.
Outlook
Consolidated at 50% previous week range. Rising wedge in place. No change in scenario where a steep pullback is expected. The start of the wedge points to the nearest downside target between B-1 and B-2.
Be reminded that NFP coming this Tuesday.
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