Trading Edges That Last
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Lawrence's Comment Recap Was looking for further downside and we got that. Not quite tagging Y-3 as Dow stopped going lower when it reached 100% absolute range expansion. V-shape reversal since and ...READ MORELawrence's Comment Recap Sold off early in the week with Dow leading to the downside. This time ES was influenced by Dow more than NQ. Back down to support ES bounced off ...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 MORE3DP Odds Table (GBPUSD) 2011-06-073DP Odds Table (GBPUSD) 2017-12-20Precog Vision – Forex 2017-2-6AUDUSD Feb 20 to Feb 24 OutlookPrecog Vision – Forex 2015-11-25Dow 30 Oct 14 to Oct 18 OutlookS&P 500 Aug 12 to Aug 16 OutlookPrecog Vision – Forex 2019-2-7Precog Vision – Forex 2020-9-4USDCAD May 15 to May 19 Outlook
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GBPUSD Feb 04 to Feb 08 Outlook
Lawrence’s Comment
Slided down to B-2 without a fight. Then bear flag up drift back to Y+1. Could not clear the resistance and flushed back down to week low. Closed the week below Y-1 and near week low.
Outlook
That prolonged bear flag was erased in just one day. More weaknesses is expected as long as B-0 is acting as resistance. Tagging B-2 likely.
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