Trading Edges That Last
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Recap of Last Week Previous year close acted as resistance and a temporary higher high was immediately rejected. As mentioned last time, the breaking of the red zone pointed ...READ MORELawrence's Comment Recap Got the sell setup mentioned last week and NQ did a 200% range expansion of previous week range. Closed the week below Y-1 and midpoint. Outlook NQ long term sell setup ...READ MORELawrence's Comment Recap Weakest of the big 3 indices, Dow consolidated around Y-1 without giving us any directional move. Closed the week below Y-1 and near midpoint. Outlook Bull flag on daily ...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 MOREEURUSD Jan 10th to Jan 14th OutlookHot n Cold (AUDUSD) 2014-12-5Nasdaq 100 Apr 08 to Apr 12 OutlookIntraday Cycle Projection (AUDUSD) 2017-02-20Dow 30 Aug 01 to Aug 05 Outlook3DP Odds Table (AUDUSD) 2020-08-273DP Odds Table (AUDUSD) 2019-09-30USDJPY Nov 23 to Nov 27 OutlookPrecog Vision – Forex 2014-4-223DP Odds Table (AUDUSD) 2019-10-07
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AUDUSD Dec 31 to Jan 04 Outlook
Lawrence’s Comment
Further weaknesses as expected. Consolidated right below Y-1. Closed the week below Y-1 and midpoint.
Outlook
Last week was holiday week, thus the bear flag formation is less reliable. As long as Y-1 acting as resistance, we should get B-2 printed next week.
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