Trading Edges That Last
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Lawrence's Comment Recap Y-0 acted as support early in the week started a strong 1-2-3 buy with Y+3 target. That in turn started a reverse waterfall effect on daily squeezing the shorts ...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 breakout to the upside right from the beginning of the week. It then drifted higher to above 100 before sold off violently. Closed the week below midpoint and ...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 Behaved similar to Dow in drifting higher with clear extra strength coming from short squeeze has taken NQ above Y+2. Tried hard to stay about the inside ...READ MOREAUDUSD Feb 01 to Feb 05 OutlookPrecog Vision – Forex 2015-12-4EURUSD Jun 08 to Jun 12 OutlookPrecog Vision – Forex 2019-10-7USDJPY Sep 09 to Sep 13 OutlookIntraday Cycle Projection (GBPUSD) 2013-12-19Precog Vision – Forex 2016-6-2S&P 500 Apr 09 to Apr 13 OutlookUSDCAD Feb 13 to Feb 17 OutlookNasdaq 100 Sep 05 to Sep 09 Outlook
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GBPUSD Feb 23 to Feb 27 Outlook
Lawrence’s Comment
Nothing happened to Euro, so cable stayed there in consolidation. Y+1 resistance sent cable back down to Y-0 and then it took off to new high. Equal distance from previous week close capped the upside move. Closed the week above Y-0 and near midpoint.
Outlook
Consolidation with Y-0 defended implies strength. Another push to retest B+1 is likely. B-1 support if breached will send cable back down to B-2.
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