Trading Edges That Last
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Lawrence's Comment Recap ES holding up around Y+1 first half of the week. Since then breakout of the tight range to the upside. Y+2 tagged and produced a pause. Closed the week ...READ MORELawrence's Comment Recap What resistance? NQ simply popped higher right from the start of the week and stayed above previous week close. Once Dow and S&P are ready, all 3 indices jumped ...READ MORELawrence's Comment Recap Pullback to Y-0 as expected. Could to go any higher even though euro zone had been trying hard to paint a rosy picture going forward. Closed the ...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 MOREPrecog Vision – Forex 2016-9-2S&P 500 Oct 26 to Oct 30 OutlookNasdaq 100 Dec 02 to Dec 06 Outlook3DP Odds Table (EURUSD) 2021-03-12EURUSD Feb 06 to Feb 10 OutlookPrecog Vision – Forex 2019-10-7Intraday Cycle Projection (EURUSD) 2020-08-06Nasdaq 100 Dec 16 to Dec 20 OutlookIntraday Cycle Projection (EURUSD) 2012-04-06Precog Vision – Forex 2016-12-20
As Featured In
EURUSD Nov 24 to Nov 28 Outlook
Lawrence’s Comment
There is a data problem with the chart. The high made in the beginning of the week was just a little above Y+1. It was a FBO against Y+1 which immediately sent euro back down to the support trend line from past 2 weeks. 2nd attempt to clear Y+1 was stopped right at 1.26 round number level. This resulted in a strong bear flag break down sending euro below Y-1. Closed the week below Y-1 and near week low.
Outlook
November low will be challenged. Breaking that points to the all important 1.20 will be in play.
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