Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Flush to Y-2 right off the start of the week and produced a double bottom. Zoomed to Y+1 from a gap up above B-0 as expected. Closed ...READ MORELawrence's Comment Recap See Dow comments for more info. Outlook Wide range week with exhaustion signs often points to inside week to follow. So normal expectation here is that ES will be trapped between ...READ MORELawrence's Comment Recap Started the week with a mild bounce as expected. After breakdown below Y-1, no support until Y-2 as stated last week. Tagged Y-2 and holding there since. ...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 MORENasdaq 100 Apr 30 to May 04 OutlookDow 30 Dec 05 to Dec 09 OutlookIntraday Cycle Projection (GBPUSD) 2018-04-02S&P 500 May 20 to May 24 OutlookIntraday Cycle Projection (GBPUSD) 2021-02-08S&P 500 Jul 19 to Jul 23 OutlookDow 30 Nov 19 to Nov 23 OutlookPrecog Vision – Forex 2017-8-1Weekly Cycle Projection (GBPUSD) 2017-04-173DP Odds Table (GBPUSD) 2020-09-21
As Featured In
GBPUSD Aug 25 to Aug 29 Outlook
Lawrence’s Comment
Instead of sharp bounce to Y-0 resistance, we got a gap open in the beginning of the week. No strength to challenge Y-0 at all. Continuation selloff sent cable down to target / Y-2. Stuck there since. Closed the week near Y-2 and week low.
Outlook
Important higher timeframe support can produce a bounce back up to B+1. FBO against B-1 that quickly jump back above 1.66 will be the sign.
Share