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Recap Rallied a bit stronger than expected in beginning of the week. Still sold off to target B-1 area. Closed the week below previous week close. Outlook Weaknesses in internals is very ...READ MORELawrence's Comment Recap Gapped higher near Y+1 to start the week. After failing to clear Y+1 gave us a drop back down to Y-0 and filled the open gap in 1 go. ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MORELawrence's Comment Recap Bulls were not even given a chance to fight back. The initial pop at the beginning of the week failed to clear Y-0. That gave us the Y-1 test. ...READ MORELawrence's Comment Recap Bearish expectation played out. Downside target Y-2 tagged. Closed the week below Y-1 and midpoint. Outlook Similar to NQ, ES is potentially forming a daily down trend. Bulls will ...READ MORES&P 500 May 16 to May 20 OutlookS&P 500 Jul 21 to Jul 25 OutlookS&P 500 Oct 18 to Oct 22 OutlookPrecog Vision – Forex 2018-7-33DP Odds Table (EURUSD) 2012-02-28Precog Vision – Forex 2017-7-113DP Odds Table (EURUSD) 2022-12-23EURUSD Mar 04 to Mar 08 OutlookS&P 500 Sep 28 to Oct 02 Outlook3DP Odds Table (EURUSD) 2020-10-22
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EURUSD Jul 14 to Jul 18 Outlook
Lawrence’s Comment
Breached Y-1 in the beginning of the week but did not stay below. Bounced to Y-0 and stopped there as usual. Sold back down to Y-1. Closed the week below Y-0 and midpoint.
Outlook
Confirmed weaknesses in place but no confirmation of down trend on daily. Frustrating? Yes. But one has to understand that it is normal for summer with market movement like this.
More downside is expected. Breaking of B-1 forcefully will give us B-2 and B-3 eventually.
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