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Lawrence's Comment Recap Bearish expectation worked out for Aussie. Rising wedge breakdown led to selloff down to target Y-5 and below. Closed the week below Y-5 and near week low. Outlook Weaknesses ...READ MORELawrence's Comment Recap B-0 did not act as support earlier in the week. After breaking below Y-1, no more long interest showing up. A flush to below Y-2 by end ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREIntraday Cycle Projection (DJIA) 2019-08-06Weekly Cycle Projection (YM) 2014-10-13AUDUSD Jan 11 to Jan 15 OutlookReal-time Commentaries 2021-6-9USDJPY Jul 15 to Jul 19 OutlookAUDUSD Aug 20 to Aug 24 OutlookPrecog Vision – US Indices 2021-1-21Intraday Cycle Projection (YM) 2018-03-263DP Odds Table (YM) 2019-09-273DP Odds Table (DIA) 2022-11-17
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Dow 30 Dec 21 to Dec 25 Outlook
Lawrence’s Comment
17000 round number support sparked a strong rally back up to 17700. Reactions to FOMC decision the day after were opposite to what most people expected. Beautiful drop back down to week low for the option expiration play. Closed the week below Y-1 and near week low.
Outlook
More downside likely into end of the year to complete the selloff. If Dow can hold B-1 early in the week, a drift back up to B-0 is possible but not likely.
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