Trading Edges That Last
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Lawrence's Comment Recap A mess produced from a mess. ES simply followed Dow and NQ the whole week. Gaps up and down through the week due to news shock from Europe. As ...READ MOREHot n Cold (GBPUSD) 2012-7-11Precog Vision – Forex 2017-8-15Precog Vision – Forex 2022-8-13DP Odds Table (GBPUSD) 2022-04-08Weekly Cycle Projection (GBPUSD) 2012-03-05USDJPY Jan 21 to Jan 25 OutlookUSDCAD Oct 09 to Oct 13 Outlook3DP Odds Table (GBPUSD) 2015-08-03Intraday Cycle Projection (GBPUSD) 2011-12-02S&P 500 Apr 01 to Apr 05 Outlook
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Lawrence’s Comment
Retest of Y+1 as expected. Failed to clear it, gave us consolidation above Y-0. Closed the week above Y-0 and near midpoint.
Outlook
Inside week and extreme tight range. Breakout play above B+1 points to at least B+3. I understand that upside breakout is counter-intuitive with the current situation in Ukraine but it can still happen.
A break of Y-0 decisively, can lead to all out flush back down to Y-1 and Y-2.
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