Trading Edges That Last
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Lawrence's Comment Recap Sold off to B-2 as expected early in the week. Rallied all the way back to challenge Y-0 and failed. Closed the week at midpoint and above Y-1. Outlook ES ...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 MORELawrence's Comment Recap Got upside breakout yet stopped in the middle of the move. 2nd try to push higher failed to clear the week high. Once Y+1 was breached, stops were raided ...READ MOREIntraday Cycle Projection (GBPUSD) 2016-11-30Precog Vision – Forex 2021-12-173DP Odds Table (GBPUSD) 2011-12-15Precog Vision – Forex 2017-2-21USDCAD Oct 02 to Oct 06 Outlook3DP Odds Table (GBPUSD) 2022-02-04S&P 500 May 23 to May 27 OutlookPrecog Vision – Forex 2022-8-18Intraday Cycle Projection (GBPUSD) 2021-02-04S&P 500 Apr 28 to May 02 Outlook
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GBPUSD Jun 17 to Jun 21 Outlook
Lawrence’s Comment
Cable held the breakout level nicely and rallied to retest Y+1 as expected. Once Y+1 was tagged cable went into consolidation. Closed the week at Y+1 and above midpoint.
Outlook
Potential rounding top in the making. Spike new high that stalls below B+2 back down to below Y+1 will signal a pullback to at least below B-1.
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