Trading Edges That Last
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Lawrence's Comments Recap After 3 weeks of consolidation, finally a breakout from tight range. 200% expansion target (Y+3) reached and stalled from there. Closed the week above week midpoint. Outlook The upmove ...READ MOREPrecog Vision – US Indices 2014-12-293DP Odds Table (ES) 2019-10-173DP Odds Table (SPY) 2014-09-02Precog Vision – US Indices 2020-11-30Intraday Cycle Projection (SPY) 2021-10-19Intraday Cycle Projection (ES) 2020-05-123DP Odds Table (ES) 2016-05-26AUDUSD Feb 07 to Feb 11 OutlookIntraday Cycle Projection (SPY) 2016-07-083DP Odds Table (SPY) 2012-06-07
As Featured In
S&P 500 Feb 22 to Feb 26 Outlook
Lawrence’s Comment
ES follow through with its breakout above its 3 pushes down pattern on 30-min. Cleared Y+1 and tagged Y+2 quickly. Since then going sideway the rest of the week. Closed the week near Y+2 and above midpoint.
Outlook
Short squeeze rally does not last. The momentum would attract dip buyers but will likely result in sudden selloff back down to stronger support zone first. B+1 / B+2 FBO will give us B-1 and B-2 below.
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