Trading Edges That Last
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Lawrence's Comment Recap As expected, ES drifted up early in the week to the huge bear flag formation target of 1230-1240 area as mentioned last week. Then ES sold off ...READ MORELawrence's Comment Recap Dow gapped above weekly resistance and cleared the open gap above right from the start. This set the stage for a run to Y+2. Y+2 turned into support sending ...READ MORELawrence's Comment Recap Up drift to 1/2 the breakdown move and then went into consolidation. Closed the week above Y-1 and near midpoint. Outlook Brexit will affect all majors. Obvious support / ...READ MOREPrecog Vision – Forex 2021-6-14S&P 500 Sep 05 to Sep 09 OutlookDow 30 Jul 19 to Jul 23 OutlookDow 30 Oct 12 to Oct 16 OutlookUSDJPY Jun 13 to Jun 17 OutlookIntraday Cycle Projection (AUDUSD) 2015-11-123DP Odds Table (AUDUSD) 2011-09-23Weekly Cycle Projection (AUDUSD) 2018-06-25Nasdaq 100 Aug 31 to Sep 04 Outlook3DP Odds Table (AUDUSD) 2015-02-02
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AUDUSD Jan 02 to Jan 06 Outlook
Lawrence’s Comment
Y-0 acted as support and Aussie zoomed up above Y+1. Closed the week at around Y+1.
Outlook
If Y+1 to B+1 turning into resistance, we likely get a selloff back down to Y-0 again.
Breaking above B+1 we get Y+2 quickly.
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