Trading Edges That Last
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Lawrence's Comment Recap No selloff materialized as the gap and go play took over. Unlike Dow still trading below its all time high, ES has been pushing a new one this week ...READ MORELawrence's Comment Recap Keep drifting higher most of the week. Due to holiday week, 50% previous week range around Y+1 bounded the price actions. Closed the week near week low ...READ MORELawrence's Comment Recap Breakout above Y+1 forced shorts to give up and a drift back up to the crime scene where the original strong selloff reaction started. Once the crime scene was ...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 MOREIntraday Cycle Projection (GBPUSD) 2020-11-19Precog Vision – Forex 2022-5-6S&P 500 Aug 25 to Aug 29 Outlook3DP Odds Table (GBPUSD) 2014-03-313DP Odds Table (GBPUSD) 2017-11-08AUDUSD Jul 09 to Jul 13 OutlookUSDCAD Apr 06 to Apr 10 OutlookAUDUSD Jan 23 to Jan 27 Outlook3DP Odds Table (GBPUSD) 2019-01-29Precog Vision – Forex 2023-3-16
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GBPUSD Jan 26 to Jan 30 Outlook
Lawrence’s Comment
Cable followed its peers and dropped. Found support at Y-2 and paused. Closed the week below Y-1 and midpoint.
Outlook
1.50 key psychological level breached. Cable must snap back above B-0 and stay above by close of next week or another wave of liquidation is coming to send cable much lower.
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