Trading Edges That Last
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Lawrence's Comment Recap As explained last week in S&P weekly comment, this week is supposed to be weak at least in the beginning of the week. That happened and NQ dropped with ...READ MORELawrence's Comment Recap Trend line break play worked out with ninja dropped to almost Y-3. Strong reaction right after taking ninja back up to exactly where the breakdown started. Closed the week ...READ MOREHot n Cold (GBPUSD) 2012-10-123DP Odds Table (GBPUSD) 2013-02-14Precog Vision – Forex 2018-4-263DP Odds Table (GBPUSD) 2017-08-11S&P 500 Jan 03 to Jan 07 OutlookIntraday Cycle Projection (GBPUSD) 2012-10-313DP Odds Table (GBPUSD) 2017-07-25Weekly Cycle Projection (GBPUSD) 2020-08-03Nasdaq 100 Feb 11 to Feb 15 OutlookUSDJPY Mar 23 to Mar 27 Outlook
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GBPUSD Nov 03 to Nov 07 Outlook
Lawrence’s Comment
Y+1 rejected with a clean drop below Y-1. End of week shock from BOJ stopped the downward move somehow without expanding to Y-2. Closed the week near Y-1 and below midpoint.
Outlook
BOJ’s action is causing a shock and it will take a few days before the majors can find the right responses.
Chart pattern suggests that B-0 resistance with Y-3 / B-2 still in play.
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