Trading Edges That Last
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Lawrence's Comment Recap Sold off on comments from Fed and then recovered back to crime scene. Gap up and took out Y+1. When stop run actions ended ES dropped back down to ...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 As expected more downside to Y-2 before a bounce. Failed to clear Y-1 leading to extended slide down to Y-3 normal expansion target. Closed the week below Y-2 and ...READ MOREIntraday Cycle Projection (GBPUSD) 2015-03-19Precog Vision – Forex 2015-1-16Intraday Cycle Projection (GBPUSD) 2012-05-02Weekly Cycle Projection (GBPUSD) 2011-04-25S&P 500 Jan 20 to Jan 24 OutlookPrecog Vision – Forex 2021-6-14Precog Vision – Forex 2016-2-24GBPUSD Jan 12 to Jan 16 OutlookEURUSD Sep 19 to Sep 23 OutlookEURUSD Dec 12 to Dec 16 Outlook
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Lawrence’s Comment
Swing violently as expected. The unexpected part was that it is to the downside only. Final flush tagged Y-4 and bounced. Closed the week below Y-3.
Outlook
Consolidation likely. B-0 is strong resistance and I do not expect cable to be able to take it out on first 2 tries.
A quick dip below B-1 tagging Y-5 and then snap back up above B-1 points to a push towards B-0.
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