Trading Edges That Last
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Lawrence's Comment Recap The short squeeze scenario played out. The range expanded without any significant retracement. That is a bit surprising. Outlook Still no signs of accumulation and breadth is diverging from the ...READ MORELawrence's Comment Recap No resistance at all from Y+1, as Aussie zoomed thru the price in 1 go. That put Y+3 in play. Ended up tagging Y+4 before it can ...READ MORELawrence's Comment Recap Aussie capped by monthly level resistance while finding support at weekly level. Hence trapped within Y-1 and Y+1. Closed the week below Y-0 and midpoint. Outlook Breakout mode with ...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 MOREDow 30 Mar 21 to Mar 25 OutlookPrecog Vision – Forex 2023-2-9Precog Vision – Forex 2015-5-21S&P 500 May 02 to May 06 OutlookAUDUSD Jan 07 to Jan 11 OutlookAUDUSD Apr 11 to Apr 15 OutlookNasdaq 100 Jul 12 to Jul 16 OutlookUSDCAD Aug 20 to Aug 24 OutlookEURUSD Aug 03 to Aug 07 OutlookPrecog Vision – Forex 2016-2-3
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GBPUSD Oct 03 to Oct 07 Outlook
Lawrence’s Comment
Y-1 support helped cable to bounce back up to Y-0. Failed to clear Y-0 Cable droppped back down to near Y-1. Closed the week below Y-0 and midpoint.
Outlook
Consolidation / inside week points to continuation likely. As long as cable fails to clear Y-0 / B-0 zone from below potential parabolic drop in the making with target below B-3.
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