Trading Edges That Last
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Lawrence's Comment Recap Intense fight at Y-0 for control early in the week. Bulls won the battle and led to breakout above Y+1 and tagged Y+2. Closed the week above Y+1 and ...READ MORELawrence's Comment Recap NQ dropped to Y-2 as expected. Very strong reaction there but not enough to stop the train. Retest of week low led to consolidation at the bottom with another ...READ MOREPrecog Vision – US Indices 2020-10-163DP Odds Table (DJIA) 2018-03-06Real-time Commentaries 2024-2-23Precog Vision – US Indices 2015-2-9Dow 30 Apr 18 to Apr 22 OutlookNasdaq 100 Feb 03 to Feb 07 OutlookAUDUSD Jul 10 to Jul 14 OutlookWeekly Cycle Projection (DIA) 2017-04-17Weekly Cycle Projection (YM) 2023-05-02Intraday Cycle Projection (YM) 2012-01-27
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Dow 30 Mar 11 to Mar 15 Outlook
Lawrence’s Comment
As mentioned last week, following the Non-Farm Payroll week bias worked out great. Dow bottomed out on Monday and not even pullback to Y-0. Then exploded to the upside and we got Y+2 before NFP Friday. Friday sold off in the morning but the drop was short lived. Closed the week near week high and Y+2.
Outlook
The 2 trading days following NFP are usually weak, especially after such strong weekly close. It is reasonable to expect consolidation below B+1 and even a pullback to Y-0 is possible this week.
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