Trading Edges That Last
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Lawrence's Comment Recap The weaknesses observed last week played out well and cable dropped below target Y-1. After 100% absolute range expansion is completed, cable bounced off and closed the ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORELawrence's Comment Recap First half of the week dropped below Y-1 as expected. Then, reversed its course pretty much in sync with Aussie and Euro. Breaking above Y+1 in one sharp ...READ MOREGBPUSD Jan 02 to Jan 06 OutlookIntraday Cycle Projection (ES) 2012-12-17Hot n Cold (SPY) 2012-3-2Real-time Commentaries 2018-2-8Intraday Cycle Projection (ES) 2015-10-30Hot n Cold (SPY) 2017-8-4Precog Vision – US Indices 2018-4-25GBPUSD May 30 to Jun 03 OutlookES Chart 1999-05-21USDCAD Dec 20 to Dec 24 Outlook
As Featured In
S&P 500 Sep 26 to Sep 30 Outlook
Lawrence’s Comment
Similar to NQ, ES consolidated around previous week close and waited for the FOMC announcement. Since then, breakout to the upside and tagged 100% absolute range expansion then stalled. Closed the week near Y+1 and above midpoint.
Outlook
Pocket below B-0 asking for a test. That holds, retest of B+1 likely with potential for a run to year high.
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