Trading Edges That Last
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Lawrence's Comment Recap As indicated in the comments for Dow, we got the sell climax reading in breadth on Monday and that marked the end of the selloff. Rallied all the ...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 MOREUSDCAD Jun 28 to Jul 02 OutlookGBPUSD Dec 02 to Dec 06 Outlook3DP Odds Table (AUDUSD) 2019-05-21S&P 500 Dec 26 to Dec 30 OutlookHot n Cold (AUDUSD) 2011-9-14Intraday Cycle Projection (AUDUSD) 2020-09-24Precog Vision – Forex 2012-4-253DP Odds Table (AUDUSD) 2020-10-273DP Odds Table (AUDUSD) 2021-07-28S&P 500 Aug 29 to Sep 02 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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