Trading Edges That Last
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Lawrence's Comment Recap Gap down to near Y-2 invalidated the original conjecture of potential upside breakout. Yet NQ zoomed back up and cleared Y+1 quickly. Since then NQ consolidated around Y+1 with ...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 No quick drop and bounce. Just slow motion selloff all the way. Paused at Y-2 but failed to bounce at all. Ended the week after tagging Y-3 and ...READ MOREUSDJPY Jul 18 to Jul 22 Outlook3DP Odds Table (AUDUSD) 2016-01-253DP Odds Table (AUDUSD) 2014-09-123DP Odds Table (AUDUSD) 2015-04-28Precog Vision – Forex 2012-3-7Intraday Cycle Projection (AUDUSD) 2012-12-28Intraday Cycle Projection (AUDUSD) 2012-11-06Nasdaq 100 Oct 07 to Oct 11 OutlookPrecog Vision – Forex 2018-6-22AUDUSD May 21 to May 25 Outlook
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AUDUSD Nov 18 to Nov 22 Outlook
Lawrence’s Comment
Aussie dropped down to Y-2 as expected. Tight range at 50% previous week range. Multiple tried in real-time to bounce higher yet previous week close held it down. Closed the week near Y-1 and above midpoint.
Outlook
Consolidation with heavy bottom means the sell off is not over yet. As long as B+1 to Y-0 is acting as resistance it is not the time to pick bottom yet. A retest of B-1 is likely.
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