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Lawrence's Comment Recap Just like Dow, consolidation was expected and we got exactly that until Friday. On Friday, NQ gapped thru Y-0 and trapped longs turning into roadkills. Closed the ...READ MOREPrecog Vision – Forex 2015-2-4Precog Vision – Forex 2018-12-25EURUSD Aug 28 to Sep 01 OutlookPrecog Vision – Forex 2022-3-233DP Odds Table (GBPUSD) 2015-03-273DP Odds Table (GBPUSD) 2012-02-13Intraday Cycle Projection (GBPUSD) 2014-09-01Nasdaq 100 May 07 to May 11 OutlookUSDJPY Aug 21 to Aug 25 OutlookIntraday Cycle Projection (GBPUSD) 2018-12-25
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Lawrence’s Comment
No breakout. Simply consolidated within Y-1 to Y-0.
Outlook
Y-0 is the resistance area we are looking for a clue for continuation selloff or a break of the downtrend. So far pressed below Y-0 means at least one more test of Y-1 to B-1 is in play.
The more profitable setup and also less likely – if cable holds above B-0 and start to run up above Y-0 to B+1, we get B+2 and B+3 quickly.
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