Trading Edges That Last
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Lawrence's Comment Recap Breakout play worked out. Clearing Y-1 gave us a straight melt down to Y-3 target. Then a technical bounce took ES higher back to Y-1. Closed the ...READ MOREFor more information about this report please refer to the Market Bias Informant page Trading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MORELawrence's Comment Recap Easiest play last week. Failed right at resistance and then collapsed. Got Y-2 in 1 go and no strength to recover since. Y-3 extended target tagged and bounced. Closed ...READ MOREDow 30 Mar 08 to Mar 12 OutlookGBPUSD Mar 28 to Apr 01 OutlookNasdaq 100 Jun 06 to Jun 10 OutlookS&P 500 Oct 01 to Oct 05 Outlook3DP Odds Table (GBPUSD) 2022-11-093DP Odds Table (GBPUSD) 2021-10-13Precog Vision – Forex 2012-8-213DP Odds Table (GBPUSD) 2014-06-25USDCAD May 12 to May 16 OutlookIntraday Cycle Projection (GBPUSD) 2018-02-15
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GBPUSD Jun 15 to Jun 19 Outlook
Lawrence’s Comment
Y-1 / Y-0 zone defended early in the week points to a test of Y+1 coming. Y+1 cleared with ease and ended the daily down trend. Normal upside target of Y+2 tagged. Closed the week above Y+1 and midpoint.
Outlook
Daily down trend broken but new up trend not established yet. So 2-way play until a new trend emerges from this. B+1 resistance points to a test of B-0 likely.
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