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Lawrence's Comment Recap Y-0 acted as support as expected and Y+2 upside target tagged early in the week. Then Y+1 acting as support gave us a go for Y+3. Closed the week ...READ MORELawrence's Comment Recap The mechanical down push continues in first half of the week and then the trend was broken. After FBO against the low established earlier in the week and failed ...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 MOREUSDCAD Oct 28 to Nov 01 OutlookUSDCAD May 20 to May 24 Outlook3DP Odds Table (YM) 2021-11-05USDCAD Apr 08 to Apr 12 Outlook3DP Odds Table (YM) 2017-04-27Precog Vision – US Indices 2021-8-183DP Odds Table (YM) 2019-11-22Intraday Cycle Projection (DJIA) 2018-05-113DP Odds Table (DIA) 2020-12-22Precog Vision – US Indices 2012-2-21
As Featured In
Dow 30 Jul 04 to Jul 08 Outlook
Lawrence’s Comment
17000 round number / Y-2 zone proven deadly for the bears. Y-0 normal reversal target tagged quickly and caught many shorts by surprise. Open gap fill above sent Dow straight up. Closed the week near Y+1 and week high.
Outlook
The biggest 5 day run in the past 5 years, enough said. A pullback is likely and it can be as drastic as the rally this past week. No real support underneath until B-0 and below.
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