Trading Edges That Last
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Lawrence's Comment Recap Y-1 retested as expected. Failing to hold the zone gave us 100% expansion of the consolidation range. Closed the week below Y-1 and midpoint. Outlook Falling wedge in the ...READ MOREPrecog Vision – US Indices 2015-11-243DP Odds Table (DIA) 2012-03-213DP Odds Table (YM) 2020-09-143DP Odds Table (YM) 2013-09-243DP Odds Table (DIA) 2011-03-29Precog Vision – US Indices 2018-11-8Intraday Cycle Projection (DJIA) 2016-01-04Precog Vision – US Indices 2015-5-14Real-time Commentaries 2017-11-24USDCAD May 02 to May 06 Outlook
As Featured In
Dow 30 Apr 08 to Apr 12 Outlook
Lawrence’s Comment
Rushed higher to Y+2 by a gap. Then failed to push higher. Filled the gap from the beginning of the week and struggled to hold Monday low since. By Friday NFP report sent Dow to open below Y-0, yet PPT activities were detected and forced Dow to move back up to near prev week close. Closed the week at midpoint and below Y+1.
Outlook
FBO against previous month high. If Dow failed to close above Y+1 which is also March month high, we have a serious sell signal in place. As usual when the situation looks bearish beware of PPT to push the market higher.
Er, my bad, to manage the risk of the market.
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