Trading Edges That Last
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Lawrence's Comment Recap More downside as expected. Y-2 support sent NQ straight back upto Y-0. Y-0 breakout gave us a squeeze to fill the gap above. Closed the week above Y-0 and ...READ MORELawrence's Comment Recap Dow break above Y+1 early in the week points to the potential to tag Y+2 later. It was done with another huge gap to the upside. Closed the week ...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 Similar to Dow, ES was having its consolidation week. Traded equal distance from its open. Closed the week above Y+1 and near week high. Outlook B+1 resistance points to ...READ MOREIntraday Cycle Projection (AUDUSD) 2011-03-28Weekly Cycle Projection (AUDUSD) 2012-02-20Precog Vision – Forex 2022-4-25Intraday Cycle Projection (AUDUSD) 2013-07-17Nasdaq 100 Jul 04 to Jul 08 OutlookDow 30 May 06 to May 10 OutlookPrecog Vision – Forex 2016-6-1Dow 30 Jan 13 to Jan 17 OutlookS&P 500 Sep 01 to Sep 05 OutlookGBPUSD Feb 01 to Feb 05 Outlook
As Featured In
AUDUSD Jul 06 to Jul 10 Outlook
Lawrence’s Comment
Y-0 resistance as expected giving us a perfect drop to below Y-2. Closed the week below Y-2 and near week low.
Outlook
Last part of the drop is partly stop run and partly panic from breaking of a strong support zone. The momentum will carry Aussie lower. If Aussie can spike low early next week, a consolidation week back up to 0.76 is possible.
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