Trading Edges That Last
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Lawrence's Comment Recap Ninja rejected Y+1 decisively giving us Y-0 quickly. Since then previous week close also turned into resistance giving us a go for Y-1. Y-1 tagged later in the week. ...READ MORELawrence's Comment Recap Dropped below 15000 as expected. Flushed down to Y-3 and support was found. Bounced back up to week mid. Closed the week near midpoint and Y-2. Outlook Well structured selling. No ...READ MOREPrecog Vision – Forex 2015-1-22Intraday Cycle Projection (USDJPY) 2013-06-05Intraday Cycle Projection (USDJPY) 2013-04-26Intraday Cycle Projection (USDJPY) 2012-06-21Hot n Cold (USDJPY) 2014-4-4Precog Vision – Forex 2016-10-6Nasdaq 100 Sep 07 to Sep 11 OutlookUSDJPY Apr 20 to Apr 24 OutlookIntraday Cycle Projection (USDJPY) 2013-10-30Dow 30 Oct 07 to Oct 11 Outlook
As Featured In
USDJPY Aug 27 to Aug 31 Outlook
Lawrence’s Comment
Pushed higher early in the week and then pulled back under Y+1. That staged a drop to Y-0. The surprise was that the supposed pullback turned into full break down until 100% absolute range expansion was reached.
Outlook
Very odd breakdown due to news shock. Unless price can push back above Y-0 / B-0, short term longs are trapped.
More weaknesses expected this coming week.
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