Trading Edges That Last
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Lawrence's Comment Recap Ninja rising wedge into 110 before breaking the support which points at the target of below Y-1. Y-1 reached and 1.08 right below promptly defended it with an all ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORELawrence's Comment Recap Y+1 / previous week close resistance dropped Dow back down to Y-0. Dow bounced off Y-0 to fill the gap above and stalled. After NFP Dow dropped to Y-0 ...READ MOREIf you have experience buying stocks or trading other markets, forex included, the transition into day trading emini contracts is not as complex as it seems. Many people hearing the ...READ MOREESNQAH High1863.003543.25AH Mid1856.633524.38AH Low1850.253505.50READ MOREPrecog Vision – US Indices 2017-3-30Precog Vision – US Indices 2014-1-16USDJPY Oct 06 to Oct 10 OutlookPrecog Vision – US Indices 2013-3-8Real-time Commentaries 2017-1-3Precog Vision – US Indices 2011-8-17Dow 30 Sep 07 to Sep 11 Outlook5 Things You Need To Day Trade EminiReal-time Commentaries 2020-5-26US Market Pre-Open 2014-4-7
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S&P 500 Apr 04 to Apr 08 Outlook
Lawrence’s Comment
Can’t be more easy than this last week out of the markets I traded – test of previous week high (Y+1) and failed pointing to a test of Y-0. Spike low above Y-0 pointed to a retest of Y+1. Breaking above Y+1 points to tagging Y+2 and we got that too on Friday with normal selloff reaction to the price level.
Outlook
Congestion between B-0 to B+1 is expected. Pullback to B-1 does not change the uptrend outlook for coming weeks. The key price level to watch for is the original 200% upside target of 1350 from the week that created the spike bottom.
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