Trading Edges That Last
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Lawrence's Comment Recap ES found support at previous week close and zoomed to Y+2 right above 3 pushes down target. Strong reaction to Y+2 sent ES back down to Y+1. 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 2021-12-2Intraday Cycle Projection (USDJPY) 2017-07-273DP Odds Table (USDJPY) 2011-06-07Intraday Cycle Projection (USDJPY) 2011-08-05S&P 500 Aug 18 to Aug 22 OutlookPrecog Vision – Forex 2018-12-273DP Odds Table (USDJPY) 2022-03-293DP Odds Table (USDJPY) 2022-10-13Intraday Cycle Projection (USDJPY) 2022-11-013DP Odds Table (USDJPY) 2020-07-30
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USDJPY Mar 30 to Apr 03 Outlook
Lawrence’s Comment
Consolidation play earlier part of the week with Y-1 support. Later in the week trouble in Yemen led to break down play which doubled the range for the week. Closed the week below Y-1 and midpoint.
Outlook
Weekly consolidation / pullback now confirmed. Y-0 / B+1 now strong resistance. Until swing trend in 4 hour changes, ninja consolidation play continues.
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