Trading Edges That Last
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Lawrence's Comment Recap Y-1 FBO led to a bounce back up to resistance below Y-0. 2nd attempt at Y-1 gave us a clean drop to below Y-2 and 100% absolute range expansion ...READ MORELawrence's Comment Recap Intervention shock messed up the markets worldwide. Support at Y-1 failed to hold as everyone was trying to get out of the door at the same time. A ...READ MORELawrence's Comment Recap ES broken out of the thin up channel but it did not result in a pullback. The week turned into consolidation. Closed the week above Y+1 and midpoint. ...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 Stayed strong since beginning of the week and zoomed to almost tagging my target of Y+2. Closed the week near Y+1 and midpoint. Outlook Last week was a variation of consolidation ...READ MOREAUDUSD Apr 12 to Apr 16 OutlookHot n Cold (GBPUSD) 2011-7-14Precog Vision – Forex 2018-11-20USDCAD Feb 08 to Feb 12 OutlookIntraday Cycle Projection (GBPUSD) 2019-03-25USDCAD Dec 05 to Dec 09 OutlookS&P 500 Nov 17 to Nov 21 OutlookPrecog Vision – Forex 2011-6-20AUDUSD Jan 14 to Jan 18 OutlookUSDJPY Apr 23 to Apr 27 Outlook
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GBPUSD May 09 to May 13 Outlook
Lawrence’s Comment
Y+1 acted as resistance, and the less likely scenario worked out perfectly. Free ride from above Y-0 down to Y-1. Closed the week below Y-1.
Outlook
Tagging Y-2 early in the week will point to further weaknesses as long as Y-1 to B-0 acts as resistance.
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