Trading Edges That Last
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Lawrence's Comment Recap As mentioned last week, any weaknesses would land ES back down to Y-1. We got that right at the beginning of the week. After pullback to mid ...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 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 MORELawrence's Comment Recap Formed a bottom early in the week and rallied above Y+1 as expected. Did not quite reach the upside target. Closed the week above Y+1 and at the ...READ MORELawrence's Comment Recap Failure to bounce in the beginning of the week got us the 3X target mentioned last week. After target B-2 tagged, ES turned range bound and on ...READ MORE3DP Odds Table (EURUSD) 2022-11-21S&P 500 Jul 30 to Aug 03 OutlookGBPUSD Aug 14 to Aug 18 OutlookPrecog Vision – Forex 2017-7-253DP Odds Table (EURUSD) 2019-04-09Precog Vision – Forex 2014-6-20Nasdaq 100 Sep 11 to Sep 15 OutlookGBPUSD Dec 19 to Dec 23 OutlookGBPUSD Jul 25 to Jul 29 OutlookS&P 500 May 14 to May 18 Outlook
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EURUSD Nov 07 to Nov 11 Outlook
Lawrence’s Comment
Right after the announcement of a solution to their crisis, a new one pops up from Greece caused euro to erase all its gain from the week prior. Traded the rest of the week between Y-2 to Y-1. Closed the week below Y-1.
Outlook
Visible bear flag on 4 hours points to further selloff is likely. The downside target is Y-2. If that can hold, a test of B-0 is likely.
Failing to bounce from Y-2 points to the next downside target around 1.34 area.
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