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Lawrence's Comment Recap Early part of the week was an attempt to hold the previous week low (Y-1) area. But we knew that the strong rejection at Y+1 implied the likely ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREPrecog Vision – US Indices 2011-3-8Intraday Cycle Projection (DIA) 2020-03-053DP Odds Table (DJIA) 2013-01-30Hot n Cold (YM) 2015-1-2S&P 500 Dec 12 to Dec 16 OutlookIntraday Cycle Projection (DJIA) 2019-07-11Precog Vision – US Indices 2021-3-24USDJPY Feb 07 to Feb 11 OutlookPrecog Vision – US Indices 2013-8-2Intraday Cycle Projection (DJIA) 2016-06-08
As Featured In
Dow 30 Jun 27 to Jul 01 Outlook
Lawrence’s Comment
Dow gapped higher on news related to Brexit. News driven market all the way right up to Brexit. Brexit led to gap down on Friday to Y-1 and sparked a quick rally back up to midpoint / Y-0. Y-0 resistance gave us 100% expansion off the upside range established. Closed the week below Y-1 and near week low.
Outlook
Outside down week is bearish. More downside is expected. Once key support zone on monthly is tagged we can expect very sharp reversal.
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