Trading Edges That Last
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Lawrence's Comment Recap ES flushed down to the downside target area and bounced quickly back up to above Y-1. That staged the rally back up to challenge the open gap above. Closed ...READ MORERecap of Last Week Topped at the yellow zone and sold off. Downside target where the obvious gap zone is was tagged and in turn produced a powerful squeeze ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORELawrence's Comment Recap Euro formed an up channel and drifted higher all week to near Y+1. Channel breakdown led to flush back down to near Y-1. Closed the week below Y-0 and ...READ MORE3DP Odds Table (DJIA) 2020-11-02Real-time Commentaries 2015-3-3S&P 500 Aug 26 to Aug 30 OutlookS&P 500 Jan 24th to 28th Outlook3DP Odds Table (DJIA) 2017-09-293DP Odds Table (DJIA) 2020-09-17Precog Vision – US Indices 2011-10-27Intraday Cycle Projection (YM) 2017-02-21EURUSD Feb 01 to Feb 05 Outlook3DP Odds Table (DJIA) 2019-12-11
As Featured In
Dow 30 Aug 24 to Aug 28 Outlook
Lawrence’s Comment
Dow pushed higher as expected early in the week. Since then failed to clear the upside and breached Y-0. The break led to all out sell off since. Closed the week below Y-3 and near week low.
Outlook
A bounce is due but not necessary what we normally expect. It can be a huge squeeze higher thanks to the increased volatility but that does not translate to a reversal automatically. Expecting wild 2-way play all week with a slight bias for positive close on weekly basis.
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