Trading Edges That Last
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Lawrence's Comment Recap Similar to Dow and Nasdaq, ES did nothing much during the week. Closed the week at midpoint. Outlook Unlike Dow or Nasdaq, ES has a clear overbought breadth reading ...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 MORE3DP Odds Table (EURUSD) 2016-12-27Precog Vision – Forex 2021-5-26Intraday Cycle Projection (EURUSD) 2013-01-093DP Odds Table (EURUSD) 2017-04-19Precog Vision – Forex 2018-3-13Intraday Cycle Projection (EURUSD) 2021-06-30Intraday Cycle Projection (EURUSD) 2018-04-03S&P 500 Jan 02 to Jan 06 Outlook3DP Odds Table (EURUSD) 2021-05-21Precog Vision – Forex 2022-12-15
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EURUSD Oct 19 to Oct 23 Outlook
Lawrence’s Comment
Euro held support mentioned last week and rallied to normal Y+2 upside target. Strong reaction against Y+2 gave us a drop back down to Y+1. Closed the week below Y+1 and near week low.
Outlook
Spike reversal points to more downside from here. Bear flag is now broken with Y+1 / B-0 strong resistance for a drop back down to B-2 and below.
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