Trading Edges That Last
- You May Also LikeFor 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 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 MOREAuto chart generator encountered some problem and failed to produce the ES chart for this week. Refer to the Dow chart as they look very similar for the past week. Lawrence's ...READ MORE
Lawrence's Comment Recap Dow tried hard to stay above Y+1 and its failure to do so led to a pullback capped by 50% previous week range. Strong rally off the support brought ...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 MOREPrecog Vision – Forex 2022-12-14Precog Vision – Forex 2015-5-14S&P 500 Oct 17 to Oct 21 OutlookDow 30 Oct 19 to Oct 23 Outlook3DP Odds Table (GBPUSD) 2013-11-14GBPUSD Mar 04 to Mar 08 OutlookIntraday Cycle Projection (GBPUSD) 2014-09-23Dow 30 Dec 02 to Dec 06 Outlook3DP Odds Table (GBPUSD) 2023-03-21Precog Vision – Forex 2022-8-3
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GBPUSD Jul 23 to Jul 27 Outlook
Lawrence’s Comment
Took no time to tag Y+2. Pullback right after bounced off Y+1. That points to more upside potential. Eventually breakout above Y+2 and completed 100% absolute range expansion. Closed the week below midpoint and above Y+1.
Outlook
Strength is confirmed by this week’s price action. As long as B-1 acts as support, more upside is expected.
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