Trading Edges That Last
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Lawrence's Comment Recap NQ started out the week very strong tagging Y+2. It then failed to hold above Y+1 and slided all the way back down to Y-1 which I warned about. ...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) 2018-09-03Intraday Cycle Projection (EURUSD) 2015-04-103DP Odds Table (EURUSD) 2021-01-11Precog Vision – Forex 2021-9-9Precog Vision – Forex 2012-2-1Nasdaq 100 Mar 09 to Mar 13 Outlook3DP Odds Table (EURUSD) 2020-09-30Weekly Cycle Projection (EURUSD) 2017-11-20Precog Vision – Forex 2019-6-11GBPUSD Jan 31 to Feb 04 Outlook
As Featured In
EURUSD Sep 01 to Sep 05 Outlook
Lawrence’s Comment
Gapped below 1.32 and never made it back above. End of week dumping led to normal target Y-2. Closed the week near Y-2 and week low.
Outlook
More down side expected. Consolidation week after range expansion week ended up closing at the low is bearish.
Potential short term bottom between Y-3 to B-2 could be formed if euro flushes down there quickly and snap back up. A bottom in that zone points to B+1 and above likely.
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