Trading Edges That Last
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Lawrence's Comment Recap Retest of Y+1 first, then stalled and failed to hold above Y-0. Flushed to the natural target of Y-1 and closed at the low of the week. Outlook The slow ...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 MORELawrence's Comment Recap Y-1 breached at the start of the week and never get the chance to turn into resistance. Just like Dow, that provided enough fuel to boost ES ...READ MORELawrence's Comment Recap As expected consolidation within Y-0 to Y+1. Ended the week by expanding to, what else, 50% aboslute expansion. Someone playing the game from a script. Outlook Bounced off Y-0 ...READ MORE3DP Odds Table (GBPUSD) 2022-02-21USDJPY May 30 to Jun 03 OutlookPrecog Vision – Forex 2019-10-73DP Odds Table (GBPUSD) 2022-06-14S&P 500 Feb 06 to Feb 10 OutlookIntraday Cycle Projection (GBPUSD) 2022-09-16USDCAD Aug 24 to Aug 28 OutlookIntraday Cycle Projection (GBPUSD) 2019-05-03S&P 500 Apr 11 to Apr 15 OutlookIntraday Cycle Projection (GBPUSD) 2013-01-21
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GBPUSD Jul 16 to Jul 20 Outlook
Lawrence’s Comment
Y-0 capped the drift up attempt. The selloff, however, is not as strong as expected. That can be partially contributed to the news shock from Europe zone that reversed the course of many markets. The sudden reversal resulted in a push to new high for the week. Closed the week near week high.
Outlook
The end of week move is very suspicious and it may not last. We need B-0 or B+1 to act as support so that we can be sure the reversal is for real.
I need to see the first 2 swings next week to determine a push to B+2 is possible.
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