Trading Edges That Last
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Lawrence's Comment Recap NQ gapped higher above Y+1 hence started a light volume short squeeze. 50% range acted as resistance and a quick pullback to week mid before closing higher. Closed 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 MOREPrecog Vision – Forex 2019-10-7Intraday Cycle Projection (EURUSD) 2012-02-133DP Odds Table (EURUSD) 2017-07-25Intraday Cycle Projection (EURUSD) 2018-04-26Precog Vision – Forex 2016-1-8Hot n Cold (EURUSD) 2019-3-8Nasdaq 100 Jun 02 to Jun 06 OutlookAUDUSD Oct 22 to Oct 26 OutlookDow 30 Oct 04 to Oct 08 OutlookPrecog Vision – Forex 2013-1-4
As Featured In
EURUSD Dec 15 to Dec 19 Outlook
Lawrence’s Comment
Rejected Y-1 early in the week provided fuel for Euro to challenge Y+1. Stopped at 100% absolute range expansion. Y-0 acted as support on pullback. Closed the week above Y-0 and midpoint.
Outlook
Y+1 / B+1 strong resistance zone. As explained last week, if Euro jumped above Y+1, a squeeze will take Euro back up to mid 1.27s. If Euro consolidates around Y+1 / B+1, another flush below B-1 is likely.
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