Trading Edges That Last
- You May Also LikeFor more information about this report please refer to the Market Bias Informant pageREAD MORE
Lawrence's Comment Recap Congestion. Stuck at 50% week range around Y+1. Closed the week above Y+1. Outlook Way stronger comparing to Dow or S&P. Definitely bullish as Y+1 was defended. Only way to send ...READ MORELawrence's Comment Recap Support at Y-1 worked out, gave us Y+1 and more. 200% range expansion like Aussie. Closed the week above Y+1 and midpoint. Outlook Although the rally was a product of stop ...READ MOREIntraday Cycle Projection (YM) 2013-12-26Intraday Cycle Projection (DIA) 2014-07-11Precog Vision – US Indices 2014-6-163DP Odds Table (DIA) 2017-05-19Nasdaq 100 Jan 16 to Jan 20 Outlook3DP Odds Table (YM) 2012-12-13Real-time Commentaries 2012-8-24Real-time Commentaries 2011-5-19GBPUSD Apr 14 to Apr 18 OutlookIntraday Cycle Projection (DIA) 2023-05-01
As Featured In
Dow 30 May 16 to May 20 Outlook
Lawrence’s Comment
Short squeeze back up to Y+1 as expected filling the open gap above. The move was so dirty that it was erased right after and led to spike reversal for Y-1 play. Tagged Y-1 at the end of the week. Closed the week below Y-1 and near week low.
Outlook
Outside reversal week is bearish for downside range expansion. Until normal target B-2 is reached there is no support.
Share