Trading Edges That Last
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Lawrence's Comment Recap ES followed Dow to tag Y+2 before a more serious pullback materialized. Premium members were informed about the reversal well ahead of time. Closed the week near Y+1 and ...READ MOREAUDUSD Sep 09 to Sep 13 OutlookPrecog Vision – Forex 2022-1-31Nasdaq 100 Apr 24 to Apr 28 OutlookWeekly Cycle Projection (GBPUSD) 2015-08-173DP Odds Table (GBPUSD) 2017-12-20S&P 500 Apr 25 to Apr 29 OutlookAUDUSD Aug 21 to Aug 25 OutlookUSDCAD Aug 03 to Aug 07 OutlookDow 30 Apr 03 to Apr 07 OutlookUSDCAD Aug 14 to Aug 18 Outlook
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GBPUSD Sep 19 to Sep 23 Outlook
Lawrence’s Comment
Mentioned to avoid this pair last week. And here it is, in tight range consolidation with no direction at all. Closed the week below Y-1.
Outlook
The sideline movement has actually helped cable to break above its down channel without giving us any hint of direction (bravo!).
The down channel resistance line dropped to B-1 area . If a retest of B-1 resulted in a bounce taking out B+1, expect a strong rally to tag at least B+3.
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