Trading Edges That Last
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Lawrence's Comment Recap NQ edged lower below Y-1 but never really stayed below the support level. Took it a week to breakout upside. Closed the week near week high and above Y-0. Outlook Whole ...READ MORELawrence's Comment Recap Not only did Nasdaq rally backup, it gapped thru the open gap established the week before and then sold off to fill that from above. Later in the ...READ MORELawrence's Comment Recap Rallied 1st to Y+1 without testing Y-0 set the stage for FBO back down to Y-1. Y-1 cleared with no resistance at all. Landed at Y-2 normal downside target. ...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 MOREEURUSD Feb 18 to Feb 22 OutlookNasdaq 100 Jul 29 to Aug 02 OutlookAUDUSD Jun 27 to Jul 01 OutlookNasdaq 100 Oct 03 to Oct 07 Outlook3DP Odds Table (USDJPY) 2016-01-113DP Odds Table (USDJPY) 2014-12-05Weekly Cycle Projection (USDJPY) 2014-02-173DP Odds Table (USDJPY) 2017-06-12USDCAD Sep 01 to Sep 05 OutlookPrecog Vision – Forex 2012-4-19
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USDJPY Jul 06 to Jul 10 Outlook
Lawrence’s Comment
Monday price shock failed to force ninja down to Y-2. FBO against Y-1 lead to Y-0 test. Y-0 acted as resistance and sent ninja back down to Y-1. Closed the week above Y+1 and near midpoint.
Outlook
The 122 test mentioned some time ago finally completed and proven to be strong support. As long as Y-1 / B-1 zone acting as support ninja up trend intact with retest of B+1 and above likely.
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