Trading Edges That Last
- You May Also LikeFor 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 MORE
Lawrence's Comment Recap Topped out in the beginning of the week and flushed down to my target below. But it did not stop there. NQ gapped down and flushed down to Y-5. ...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 MOREUSDJPY Aug 24 to Aug 28 OutlookIntraday Cycle Projection (GBPUSD) 2018-11-293DP Odds Table (GBPUSD) 2016-09-27Precog Vision – Forex 2018-5-29GBPUSD Feb 26 to Mar 02 Outlook3DP Odds Table (GBPUSD) 2020-12-10Nasdaq 100 Feb 25 to Mar 01 OutlookPrecog Vision – Forex 2014-8-6AUDUSD Nov 19 to Nov 23 OutlookS&P 500 Nov 30 to Dec 04 Outlook
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GBPUSD Dec 05 to Dec 09 Outlook
Lawrence’s Comment
Intervention by the governments over the weekend disrupted the down trend and induced a short term short covering rally. Rally stalled at Y+1 and closed the week around Y-0 and midpoint of the week.
Outlook
Whatever the governments chose to do they better have a long term plan of more market shocking announcements pre-scheduled in the coming weeks. Otherwise, a retest of Y-1 and continuation of the downtrend is more likely.
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