Trading Edges That Last
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Lawrence's Comment Recap Further pullback to Y-2 and bounced. Y-0 acted as resistance again. When Y-1 also turned into resistance we gone breakdown move to Y-4. Closed the week near Y-4 and ...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 MOREUSDJPY Aug 01 to Aug 05 OutlookDow 30 Feb 08 to Feb 12 OutlookNasdaq 100 Jul 04 to Jul 08 OutlookIntraday Cycle Projection (USDCAD) 2021-08-24Hot n Cold (USDCAD) 2011-8-33DP Odds Table (USDCAD) 2014-07-213DP Odds Table (USDCAD) 2017-05-02Precog Vision – Forex 2021-1-21Nasdaq 100 Mar 05 to Mar 09 OutlookGBPUSD Apr 11 to Apr 15 Outlook
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Lawrence’s Comment
Hands off recommendation was spot on. Consolidation in tight range between Y-0 and Y-1. Closed the week below Y-0 and near midpoint.
Outlook
Inside week tight range and close near midpoint is indecision. Breakout mode in effect. Levelling off Y-1, however, gives the long side a slight edge over the short side in case of breakout.
Upside breakout of B+1 points to Y+1 and above. Downside breakout below Y-1 points to B-2 and below.
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