Trading Edges That Last
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Lawrence's Comment Recap Stayed strong since beginning of the week and zoomed to almost tagging my target of Y+2. Closed the week near Y+1 and midpoint. Outlook Last week was a variation of consolidation ...READ MORELawrence's Comment Recap ES holding up around Y+1 first half of the week. Since then breakout of the tight range to the upside. Y+2 tagged and produced a pause. Closed the week ...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 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 MORELawrence's Comment Recap Colsolidation around Y-1 until FOMC announcement. Test of 1.31 round # failed and led to equal distance drop down to week low. Closed the week below Y-1 and midpoint. ...READ MORELawrence's Comment Recap Weakest of the big 3 indices, Dow consolidated around Y-1 without giving us any directional move. Closed the week below Y-1 and near midpoint. Outlook Bull flag on daily ...READ MORELawrence's Comment Recap Exactly as expected, stopped right at resistance mentioned last week and sold off down to target Y-2 below. Closed the week below Y-2 and midpoint. Outlook Weekly up trend ...READ MORERecap Comparing to GBP, euro had a more difficult selloff. It took better half of the week to make an attempt to test Y-1 and finally sold off to almost ...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 MOREGBPUSD Apr 08 to Apr 12 OutlookAUDUSD Jan 14 to Jan 18 OutlookS&P 500 Oct 26 to Oct 30 OutlookPrecog Vision – Forex 2014-9-2Precog Vision – Forex 2015-9-28GBPUSD Sep 26 to Sep 30 OutlookDow 30 Aug 01 to Aug 05 OutlookDow 30 Sep 15 to Sep 19 OutlookEURUSD May 16 to May 20 OutlookPrecog Vision – Forex 2015-5-5
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USDCAD Jan 13 to Jan 17 Outlook
Lawrence’s Comment
Waiting for the breakout paid off. Upside breakout tagged the usual Y+3 target and paused there. After NFP price zoomed to Y+4 and stalled. Closed the week above Y+3 and midpoint.
Outlook
Multiple week compression gives us this powerful rally. More upside is expected. A drift back to B-0 support is possible but not necessary.
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