Trading Edges That Last
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Lawrence's Comment Recap Formed a slightly higher low and then pushed higher. Yet failed to clear the original bear flag support line that is now resistance. Closed the week above ...READ MORELawrence's Comment Recap Gap up turned into breakout failure. Gave us an excuse to send NQ back down to Y-0. Tagged Y-0 and failed to push it lower since. Then ...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 As expected, the weekly downtrend continues. Non-stop selling trapped bottom pickers and flushed to Y-2 downside target. Closed the week near week low. Outlook As long as Y-1 acts ...READ MOREHot n Cold (USDCAD) 2011-6-28Precog Vision – Forex 2018-4-23USDCAD Oct 15 to Oct 19 OutlookNasdaq 100 Jun 18 to Jun 22 OutlookS&P 500 Feb 07 to Feb 11 OutlookWeekly Cycle Projection (USDCAD) 2023-05-023DP Odds Table (USDCAD) 2014-02-26Intraday Cycle Projection (USDCAD) 2014-12-29Precog Vision – Forex 2012-3-23EURUSD Jul 09 to Jul 13 Outlook
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Lawrence’s Comment
No time wasted on further compression. The pair simply break the lower boundary in 1 go. Not quite make it to Y-3. First bounce failed to push back up to Y-1. Closed the week below midpoint and Y-2.
Outlook
Too weak to form a bottom at this level. Further downside will pull this down to B-2 / par level.
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