Trading Edges That Last
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Lawrence's Comment Recap The easy money last week. Rallied from Y-1 as expected and spiked through Y+1 to complete the retest. Closed the week near week high and below Y+1. Outlook The ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORELawrence's Comment Recap Y-0 resistance gave us test of Y-1 and it was cleared with the added bonus of clearing the support trend line formed over the past 2 weeks. Normal target ...READ MOREThe expected bounce happened. And based on 3-day advance issues and Tick16 Short Term the rally will be over quickly if not already. The divergence top on the 3-day advance issues ...READ MOREIntraday Cycle Projection (DIA) 2020-04-29AUDUSD Dec 10 to Dec 14 OutlookWeekly Cycle Projection (YM) 2013-05-06Precog Vision – US Indices 2014-9-23USDJPY Jun 30 to Jul 04 OutlookMarket Internals 2011-08-25Intraday Cycle Projection (YM) 2019-11-26Real-time Commentaries 2023-10-273DP Odds Table (DIA) 2017-11-27Intraday Cycle Projection (YM) 2021-06-07
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Dow 30 Dec 08 to Dec 12 Outlook
Lawrence’s Comment
We got the down side target right at the start of the week. Excuse to go lower immediately used up. Dow drifted higher since. Not even ECB news can affect its NFP play. Closed the week above Y+2 and midpoint.
Outlook
As long as B+1 acting as resistance, good chance Dow will be forced back down to retest Y+1 / B-0 zone.
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