Trading Edges That Last
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Lawrence's Comment Recap Unlike Dow and S&P NQ zoomed straight up to tag Y+2 as Apple continues its march to new high almost everyday. Closed the week above Y+2 and midpoint. ...READ MORELawrence's Comment Recap Y-0 acted as resistance at the start of the week, gave us the decisive break of Y-1 and dropped down to target Y-3. This is the easiest play for ...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 MORELawrence's Comment Recap The breakout upside trade we were looking for happened exactly as expected. Closed the week above Y+2 as well. Outlook A pullback to Y+1 is possible but not necessary. ...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 MORENasdaq 100 Dec 01 to Dec 05 OutlookDow 30 Dec 09 to Dec 13 Outlook3DP Odds Table (EURUSD) 2021-08-18Precog Vision – Forex 2020-8-10Dow 30 Aug 30 to Sep 03 OutlookAUDUSD Jul 04 to Jul 08 Outlook3DP Odds Table (EURUSD) 2017-05-16Dow 30 Apr 13 to Apr 17 OutlookUSDCAD Jun 11 to Jun 15 OutlookPrecog Vision – Forex 2011-9-9
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EURUSD Nov 18 to Nov 22 Outlook
Lawrence’s Comment
Took a whole week of up drift to go back up to the top of the resistance zone mentioned last week. Tight range and no conviction. Closed the week above Y-0 and near week high.
Outlook
It is rare that Cable has an outside week while Euro has an inside week.
Euro failed to take out the resistance zone by end of the week points to weaknesses. Inside week setup gives us a breakout play favouring the down side.
Potential whiplash action at Y+1 and Y-1 whichever tag first.
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