Trading Edges That Last
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Lawrence's Comment Recap NQ had a 100 points upside breakout last week. Unlike Dow or ES, NQ continues to drift higher early in the week and then leading to the upside even ...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 MOREHot n Cold (EURUSD) 2011-10-4Precog Vision – Forex 2019-4-18Precog Vision – Forex 2019-9-18S&P 500 Oct 09 to Oct 13 OutlookPrecog Vision – Forex 2021-4-1Precog Vision – Forex 2017-3-16Nasdaq 100 May 06 to May 10 OutlookPrecog Vision – Forex 2018-11-123DP Odds Table (EURUSD) 2014-11-14Weekly Cycle Projection (EURUSD) 2011-08-22
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EURUSD May 23 to May 27 Outlook
Lawrence’s Comment
The expected messy drift towards our resistance zone covered most part of the week. Once the resistance zone was tagged, a quick selloff took the pair back down to previous week close.
Outlook
B-1 should be tested early in the week. B-2 is likely. B-3 is also in play.
A rare scenario can happen if some kind of news shock (or intervention) happening next week – if B+1 is taken out on a shock, B+3 is the first price level where the run can pause.
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