Trading Edges That Last
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Lawrence's Comment Recap Y-0 did not act as resistance after open gave us a clue that it would not hold on 2nd try. Into mid week, Y-0 cleared and gave us Y+1 ...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 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 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 NQ attempted to move higher from Y+1 but failed. That opened the door to Y-0. First leg down stopped at 50% week range and tried to drift back up ...READ MOREIntraday Cycle Projection (AUDUSD) 2015-06-10Nasdaq 100 Jun 25 to Jun 29 OutlookAUDUSD Nov 17 to Nov 21 OutlookPrecog Vision – Forex 2023-2-28Precog Vision – Forex 2011-8-15USDJPY Dec 29 to Jan 02 OutlookPrecog Vision – Forex 2019-10-7Precog Vision – Forex 2022-11-16Precog Vision – Forex 2023-5-2Nasdaq 100 Apr 20 to Apr 24 Outlook
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AUDUSD Dec 16 to Dec 20 Outlook
Lawrence’s Comment
First move to test Y+1 found resistance. Gave us Y-1 target. Dropped to Y-1 and breached the support as if it is not there. Closed the week below Y-1 and below midpoint.
Outlook
As mentioned last week once Y-1 is cleared the target is Y-3. It is now half way thru. More downside is expected. Y-1 / B-0 should cap any upside move for now.
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