Trading Edges That Last
- You May Also LikeFor 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 MORE
Lawrence's Comment Recap Euro consolidated around Y-1 instead of finding support there. The inability to have at least one clean 1-2-3 off Y-1 was the clue. Closed the week below Y-1 and ...READ MORELawrence's Comment Recap Expected more downside last week and it looked like it was about to happen with the bear flag setup into Wednesday. Then everything changed by the eco report. Euro ...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 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 Dropped to down channel target of below Y-2. Channel overshoot gave us a run back up to channel top above Y-1 and started a short squeeze. Yet, Dow failed ...READ MORELawrence's Comment Recap Overnight pre-open, the downside target was tagged by the index futures, since then Dow never looked back. Trend buy all the way bac up to where the sell off ...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 Pullback to B-0 as expected. Basing action as well. Closed the week at Y+1 / midpoint. Outlook Not clear at all. The basing action can be viewed as a ...READ MOREPrecog Vision – Forex 2019-10-7EURUSD Nov 10 to Nov 14 OutlookEURUSD Jan 27 to Jan 31 OutlookPrecog Vision – Forex 2012-2-1Precog Vision – Forex 2022-5-18Dow 30 Jan 20 to Jan 24 OutlookDow 30 Nov 23 to Nov 27 OutlookPrecog Vision – Forex 2018-7-12Intraday Cycle Projection (USDCAD) 2016-12-28Nasdaq 100 Aug 27 to Aug 31 Outlook
As Featured In
USDCAD Feb 09 to Feb 13 Outlook
Lawrence’s Comment
Yeary STOPD expansion target Y+1 stopped the run and led to the first significant pullback in months. Directional drop from previous week close straight down to Y-1 and 100% range expansion before a bounce. Y-0 resistance stopped the bounce. Closed the week below Y-0 and midpoint.
Outlook
Consolidation after the wild swings over past few weeks is normal. Y-0 / B-0 resistance points to retest of B-1 and potential drop to B-2. This pullback, however, can take several weeks to unfold.
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