Trading Edges That Last
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Lawrence's Comment Recap Spike higher in beginning of the week and sold off from there. Yet Y-0 was not tagged. Earning shocks sent ES above resistance and tagged Y+2 and ...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 MOREPrecog Vision – Forex 2022-3-1S&P 500 Oct 14 to Oct 18 OutlookIntraday Cycle Projection (USDJPY) 2021-12-17S&P 500 Jan 30 to Feb 03 OutlookPrecog Vision – Forex 2014-12-23Dow 30 Oct 19 to Oct 23 OutlookIntraday Cycle Projection (USDJPY) 2021-09-24Precog Vision – Forex 2015-2-263DP Odds Table (USDJPY) 2018-11-12USDCAD Oct 28 to Nov 01 Outlook
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USDJPY Apr 15 to Apr 19 Outlook
Lawrence’s Comment
Swinged higher. Exceeded upside expectation and consolidated above Y+1. Closed the week near Y+1 and below midpoint.
Outlook
Did not make it to Y+2 and tight range for the week points to the need of time to absorb the upswing. May fall back down to B-3 but not necessary. The full impact of Japan’s planned monetary base 100% expansion is still not fully understood by the world thus more time is needed.
Overall bias is more upside for the long term as the move chosen by BOJ and Japanese government will finally destroy their economy completely.
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