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Lawrence's Comment Recap Similar to Dow and NQ, ES is trapped between Y+1 and Y-0. Gaps all over the place. Closed the week near Y-0 and below midpoint. Outlook Inside week 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 MORELawrence's Comment Recap 3rd leg down resulted in a fight to defend of Y-1 which eventually led to a run for Y-0 test after Mrs. Yellen's comments. Since 2nd swing low was ...READ MORELawrence's Comment Recap Reacted to the head and shoulders neckline initially and dropped quickly below Y-0. Then an all out rally took place and cleared Y+1 in 1 go. After ...READ MORE3DP Odds Table (GBPUSD) 2013-03-01S&P 500 Sep 07 to Sep 11 OutlookGBPUSD Aug 15 to Aug 19 OutlookNasdaq 100 Jan 10 to Jan 14 Outlook3DP Odds Table (GBPUSD) 2017-02-27Intraday Cycle Projection (GBPUSD) 2017-01-20Precog Vision – Forex 2017-9-4AUDUSD Aug 29 to Sep 02 Outlook3DP Odds Table (GBPUSD) 2014-06-05Dow 30 Dec 03 to Dec 07 Outlook
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GBPUSD Sep 28 to Oct 02 Outlook
Lawrence’s Comment
News shock sent cable back down to Y-1 and 100% range expansion. Stops were triggered and led to further downside to Y-2 before support is found. Closed the week near Y-2 and week low.
Outlook
Wide range week reversal is bearish but we cannot rule out the potential of a strong bounce before further downside is developed. Y-1 / B-0 strong resistance. New low against B-1 likely.
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