Trading Edges That Last
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Lawrence's Comment Recap As expected, Aussie stays weak and failed to clear Y-0. Dropped below Y-1 and stopped at equal distance off previous week close. Closed the week near Y-1 and below ...READ MOREPrecog Vision – Forex 2012-1-4Nasdaq 100 Aug 15 to Aug 19 OutlookPrecog Vision – Forex 2011-8-11EURUSD Jul 22 to Jul 26 Outlook3DP Odds Table (USDJPY) 2013-05-29Weekly Cycle Projection (USDJPY) 2012-02-06GBPUSD Apr 10 to Apr 14 OutlookPrecog Vision – Forex 2016-12-21Intraday Cycle Projection (USDJPY) 2013-04-18AUDUSD Aug 11 to Aug 15 Outlook
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Lawrence’s Comment
Ninja held support, no follow-thru to the downside as expected. A spike back up to Y+1 failed to hold, gave us a drop to Y-0 and eventually Y-1. Closed the week near Y-1 and below B-0.
Outlook
The Y-1 / B-1 zone has been the support for months. Every time it is challenged, something magical happened to reverse the course. Maybe intervention, maybe not.
As long as B-0 acting as resistance, B-2 and below in play.
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