Trading Edges That Last
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Lawrence's Comment Recap Dow completely dominated by bottom pickers in the beginning of the week. Hence failed to clear the previous week close from below. As new low printed mid week, the ...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 MOREHot n Cold (USDJPY) 2016-11-4Precog Vision – Forex 2016-7-27Precog Vision – Forex 2022-11-10Intraday Cycle Projection (USDJPY) 2023-02-02Intraday Cycle Projection (USDJPY) 2015-06-01Intraday Cycle Projection (USDJPY) 2017-07-19Dow 30 Feb 03 to Feb 07 Outlook3DP Odds Table (USDJPY) 2019-10-07USDCAD May 31 to Jun 04 OutlookPrecog Vision – Forex 2022-7-25
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USDJPY Apr 14 to Apr 18 Outlook
Lawrence’s Comment
Ninja moved lower as expected. What I did not expect, however, was the all out melt down. Got Y-3 before ninja can even bounce. Closed the week below Y-2 and midpoint.
Outlook
Partially event driven, but this pullback is mostly expected due to the daily level overbought condition.
Ninja needs to absorb the drop hence consolidation likely with reduced range.
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