Trading Edges That Last
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Lawrence's Comment Recap Consolidation week at 50% range. 1780 magic #. Due to overnight news shock all week, we observed surprise breakout plays almost everyday last week. Yet, S&P was still bounded ...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 NQ dropped initially as expected but it failed to tag Y-2 and a forced FBO led to a quick run above Y+1. Yet, NQ could not stay above Y+1 ...READ MORELawrence's Comment Recap Right from the start of the week, the up trend was almost broken by the gap down. Dow magically holding the important swing low I mentioned last week and ...READ MORELawrence's Comment Recap Consolidation around previous week close as expected. 50% range. Closed the week above Y-0 and near midpoint. Outlook The consolidation exposed the weaknesses in Aussie as the reaction to Y+1 was ...READ MOREIntraday Cycle Projection (USDJPY) 2016-12-19AUDUSD Mar 25 to Mar 29 OutlookS&P 500 Feb 03 to Feb 07 OutlookPrecog Vision – Forex 2015-8-3Precog Vision – Forex 2014-2-14Nasdaq 100 Jun 01 to Jun 05 OutlookIntraday Cycle Projection (USDJPY) 2018-02-12Dow 30 Feb 11 to Feb 15 OutlookS&P 500 May 10 to May 14 OutlookAUDUSD May 19 to May 23 Outlook
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USDJPY Apr 21 to Apr 25 Outlook
Lawrence’s Comment
Consolidation at 50% previous week range as expected. Drifted back up to resistance Y-0. Closed the week at Y-0 and above midpoint.
Outlook
A complete week of bear flag is not bullish. A strong setup for B+1 test failure which points to a drop to B-1.
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