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Lawrence'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 MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREIntraday Cycle Projection (DIA) 2015-12-07Real-time Commentaries 2023-5-25Precog Vision – US Indices 2016-12-293DP Odds Table (DJIA) 2014-10-07Precog Vision – US Indices 2022-2-24GBPUSD Apr 14 to Apr 18 OutlookPrecog Vision – US Indices 2018-9-11Hot n Cold (YM) 2021-8-6GBPUSD Sep 03 to Sep 07 OutlookIntraday Cycle Projection (YM) 2017-10-11
As Featured In
Dow 30 Oct 05 to Oct 09 Outlook
Lawrence’s Comment
Retest of Y-1 happened as expected. FBO against Y-1 gave us a pop back up to Y-0. NFP Friday gapped Dow lower to Y-1 which is strong support due to FBO setup. Clean run up to crime scene from the week before. Closed the week above Y-0 and near week high.
Outlook
Do not confuse volatility with directional change. The whiplash action is just a result of short term participants being swiped by the market making process. Until we see clear swing trend in place, Dow is still in daily level down trend or no trend. A retest of B-0 is in play with strong resistance right above Y+1 where the open gap is.
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