Trading Edges That Last
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Lawrence's Comment Recap Seasonal sell worked out beautifully cleaning out the late buyers over the past few weeks. Closed the week below Y-4 and at week low. Outlook Seasonal bias to the ...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 MOREIntraday Cycle Projection (USDJPY) 2021-04-27Precog Vision – Forex 2013-12-33DP Odds Table (USDJPY) 2016-10-13Precog Vision – Forex 2018-8-13Intraday Cycle Projection (USDJPY) 2011-09-22Precog Vision – Forex 2018-6-1Weekly Cycle Projection (USDJPY) 2015-08-10S&P 500 Dec 15 to Dec 19 OutlookPrecog Vision – Forex 2015-2-123DP Odds Table (USDJPY) 2018-08-07
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USDJPY Nov 23 to Nov 27 Outlook
Lawrence’s Comment
Spike low against Y-1 as mentioned last week points to a retest of Y+1. Got the retest and stronger reaction this time sent ninja back down to below Y-0. Closed the week below Y-0 and midpoint.
Outlook
2nd rejection of Y+1 from an outside week points to further weaknesses. as long as Y-0 é B-0 acting as resistance, we get B-1 and below. It may not be a very strong selloff, just pressing ninja back down to test the crime scene near Y-2 that started the short squeeze 2 weeks ago.
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