Trading Edges That Last
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Lawrence's Comment Recap Dow pushed towards Y+2 and gap thru. Tagged 18500 and stalled. Closed the week above Y+2 and midpoint. Outlook Cannot time the end of a parabolic move but if ...READ MORELawrence's Comment Recap Gap down and consolidated around B-0. Then zoomed higher as expected. Another easy play last week. Closed the week above Y+2. Outlook The target of Y+3 should be reached ...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 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 Unlike Dow, NQ gave a strong performance last week and completed its upside break out target at Y+4 based on monthly. Closed the week near the high. Outlook A ...READ MOREHot n Cold (GBPUSD) 2011-9-28Dow 30 Jul 18 to Jul 22 OutlookAUDUSD Oct 28 to Nov 01 OutlookAUDUSD Dec 28 to Jan 01 Outlook3DP Odds Table (GBPUSD) 2015-04-13USDCAD Jun 04 to Jun 08 OutlookIntraday Cycle Projection (GBPUSD) 2018-02-12Precog Vision – Forex 2014-5-1Precog Vision – Forex 2018-11-23Nasdaq 100 Jan 09 to Jan 13 Outlook
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GBPUSD Jul 22 to Jul 26 Outlook
Lawrence’s Comment
The more predictable pair as usual. Held Y-0 and rallied to upside target mentioned last week. Not impressive strong run though. Closed the week above Y+1 and near week high.
Outlook
The run is not strong enough to clear the resistance but it is also not weak enough to be considered as a false breakout. Clear rising wedge pattern suggests potential FBO in the making if Cable breaks below B-0 quickly, a retest of B-1 and flushing down to B-2 likely.
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