Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Pullback to support zone mentioned last week as expected. Attempt to bounce back up failed to clear 1.57 weekly resistance. Closed the week below Y-0 and midpoint. Outlook Inside ...READ MORELawrence's Comment Recap No pullback to support making this more difficult to go higher. Consolidation above Y+1 all week. Closed the week above midpoint and Y+1. Outlook Y+1 acted as support all week points ...READ MORELawrence's Comment Recap Weakest of the 3 indices, resistance at Y+1 all week and collapsed down to near Y-3 as expected. Closed the week near Y-2 and week low. Outlook There is ...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 Ninja rejected Y+1 decisively giving us Y-0 quickly. Since then previous week close also turned into resistance giving us a go for Y-1. Y-1 tagged later in the week. ...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 Bullish scenario unfolded. 50% range of the week prior to last. Closed the week at midpoint and above Y+1. Outlook Strongest of the 3 indices. No weaknesses at all so ...READ MOREGBPUSD May 25 to May 29 OutlookGBPUSD May 06 to May 10 OutlookNasdaq 100 Jun 13 to Jun 17 OutlookPrecog Vision – Forex 2011-3-16GBPUSD Dec 14 to Dec 18 OutlookHot n Cold (GBPUSD) 2011-9-6USDJPY Apr 20 to Apr 24 OutlookPrecog Vision – Forex 2014-5-9Nasdaq 100 Feb 13 to Feb 17 OutlookIntraday Cycle Projection (GBPUSD) 2015-05-11
As Featured In
GBPUSD Aug 11 to Aug 15 Outlook
Lawrence’s Comment
Weak pullback not even touching Y-0 ended with another drop to Y-1. Eventually Y-1 was cleared giving us equal distance from previous week close. Closed the week below Y-1 and at week low.
Outlook
Consolidation action with weak close is bearish. More down side is expected. A quick flush to B-2 early next week can produce a temporary support for a bounce back up to B+1 / Y-0.
Share