Trading Edges That Last
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Lawrence's Comment Recap New low on Monday confirmed the bearish scenario of 8 waves down to come. The 3 sell waves down completed by Friday. Outlook Again, if we get a bottom formation ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORELawrence's Comment Recap No trend as expected. Y-1 acted as support and gave us a drift up until 100% absolute range expansion was reached. Closed the week above Y-0 and midpoint. ...READ MOREIntraday Cycle Projection (DIA) 2021-07-16Dow 30 Aug 08 to Aug 12 OutlookIntraday Cycle Projection (DJIA) 2012-07-13Intraday Cycle Projection (DJIA) 2019-06-193DP Odds Table (DIA) 2014-08-22Real-time Commentaries 2011-5-4Nasdaq 100 Feb 25 to Mar 01 OutlookPrecog Vision – US Indices 2019-10-24USDCAD Jul 11 to Jul 15 OutlookIntraday Cycle Projection (DIA) 2012-03-13
As Featured In
Dow 30 Jul 28 to Aug 01 Outlook
Lawrence’s Comment
Gap down to start the week with a test of Y-1. Y-1 rejected decisively led to a run towards the resistance zone mentioned last week. Spent most of the week holding above Y-0 until the sudden collapse. Closed the week below Y-1 and midpoint.
Outlook
Potential weekly and monthly FBO in the making. More downside is expected as long as B-0 is not breached.
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