Trading Edges That Last
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Lawrence's Comment Recap 4500 support mentioned last week gave us a run back up all the way to Y-0 and FOMC decision helped to push NQ towards the former parking zone at ...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 MORERecap of last week First move was a gap up followed by breaking below the yellow zone with minimal retest (just one 4 hour bar). This is one the ...READ MORELawrence's Comment Recap Wild swings continues as expected. Dow flushed pretty much straight down after failing to clear Y-0. 150% range expansion stopped the drop and gave us a bounce beyond majority ...READ MORES&P 500 Nov 21 to Nov 25 OutlookPrecog Vision – Forex 2019-10-7Nasdaq 100 Dec 21 to Dec 25 OutlookIntraday Cycle Projection (USDCAD) 2022-05-06Precog Vision – Forex 2019-2-26Precog Vision – Forex 2019-4-30EURUSD Feb 27 to Mar 03 OutlookEURUSD Week of Nov 29th to Dec 3rdUSDJPY Jan 29 to Feb 02 OutlookDow 30 Oct 06 to Oct 10 Outlook
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USDCAD Nov 24 to Nov 28 Outlook
Lawrence’s Comment
Y-1 acted as support early in the week sending this back up to the down channel top. Channel resistance forced a turn lower and we got the channel support / Y-2 by end of the week. Closed the week below Y-1 and midpoint.
Outlook
Channel resistance now lowered to Y-0 area. Clearing that will give way to retest the November high.
For now, we have to assume the channel will continue to dictate the price with a bounce back up to channel top likely.
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