Trading Edges That Last
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Lawrence's Comment Recap Failed to break above previous week close right from the start led to a flush to Y-2 before a bounce can happen. The bounce failed to go ...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 NQ bottomed early in the week with Dow and ES but it was not one of the stronger bottoming pattern. Y-0 cleared and then it was a struggle 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 MORELawrence's Comment Recap Aussie tried to hold Y-1 in tight range and failed. 100% expansion of the tight range tagged. Closed the week below Y-1 and near week low. Outlook Ledge break ...READ MOREPrecog Vision – Forex 2020-9-30USDJPY Jul 23 to Jul 27 OutlookPrecog Vision – Forex 2011-6-2Hot n Cold (GBPUSD) 2014-8-1Nasdaq 100 Feb 09 to Feb 13 OutlookGBPUSD Dec 14 to Dec 18 OutlookPrecog Vision – Forex 2013-8-22Hot n Cold (GBPUSD) 2020-9-113DP Odds Table (GBPUSD) 2019-10-07AUDUSD Jan 18 to Jan 22 Outlook
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Lawrence’s Comment
Got the bottom I was talking about and cable took off to tag Y+2 near the expected upside target for the move. Another easy one for the week. Closed the week above Y+1 and midpoint.
Outlook
Higher timeframes gave us this bounce with a squeeze. Outside week closing above Y+1 points to at least a retest of B+1. Price action around B+1 will tell us if this is going to be a consolidation week, or a steep pullback to B-0 is in the making.
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