Trading Edges That Last
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Lawrence's Comment Recap Most messed up index among the big 3. Held a higher low right from the start of the week and zoomed higher. Then news shock help 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 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 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 A easy week with Dow. Pullback to Y-0. Strong reaction to the support. Cleared Y+1 in one go and Y+2 target mentioned last week was quickly right after. In ...READ MOREWeekly Cycle Projection (GBPUSD) 2019-03-11Intraday Cycle Projection (GBPUSD) 2014-06-13S&P 500 Oct 22 to Oct 26 OutlookPrecog Vision – Forex 2017-10-24S&P 500 May 02 to May 06 OutlookPrecog Vision – Forex 2014-1-1Precog Vision – Forex 2013-7-223DP Odds Table (GBPUSD) 2016-10-21Dow 30 Nov 18 to Nov 22 OutlookIntraday Cycle Projection (GBPUSD) 2015-12-01
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GBPUSD Sep 10 to Sep 14 Outlook
Lawrence’s Comment
The more interesting scenario happened. Cable held Y-0, breakout of Y+1 and gave us 1.60 and Y+3 in 1 go. Essentially no heat taken. Cannot ask for anything more than that. Closed the week near week high.
Outlook
1.60 area is long term resistance zone. Tagging it is one thing, breaking above it is another matter.
Consolidation around B-0 to B+1 is likely this week.
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