Trading Edges That Last
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Lawrence's Comment Recap Got our consolidation-like range. Upside target of above mid-1830s printed. Closed the week above Y+1 and midpoint. Outlook Seasonal bullish bias used up at this point. No strong directional play until ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORELawrence's Comment Recap Seasonal bearish bias kicked in at the right time and played out nicely into year end. Closed the week near Y-2 and week low. Outlook Complicated situation as last ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORE3DP Odds Table (YM) 2016-04-043DP Odds Table (DIA) 2011-07-21Precog Vision – US Indices 2014-1-31S&P 500 Dec 30 to Jan 03 OutlookPrecog Vision – US Indices 2021-1-25GBPUSD Jan 04 to Jan 08 OutlookIntraday Cycle Projection (YM) 2019-09-04Precog Vision – US Indices 2019-8-2Intraday Cycle Projection (DIA) 2022-08-16Precog Vision – US Indices 2016-7-6
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Dow 30 Dec 05 to Dec 09 Outlook
Lawrence’s Comment
A bounce was expected as mentioned last week but the selloff part never happened as central banks around the world decided to interupt the normal functioning of the markets worldwide. Gapped up above our minimum upside target of Y-0 then 2nd shock forcing another gap above Y+1 and that sparked the short squeeze to our Y+3 target. Stalled from Y+3 on Friday and closed the week above Y+2.
Outlook
As long as there is no more intervention this week, B-0 is likely to be tagged.
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