Trading Edges That Last
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Recap of last week Breakout upside. First 50% upside target of previous week range worked out. The 50% upside target of previous month range was almost tagged and stalled ...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 ES continues to march higher with no significant pullback. Yet, it did not quite make it to the IHS target of 1570 mentioned last week. Option expiration together with ...READ MORELawrence's Comment Recap Downside 2200 target tagged. Then failed to hold and break lower to next support zone around 2150. Closed the week at the low of the week. Outlook Given the momentum ...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 MOREWeekly Cycle Projection (USDJPY) 2012-01-16GBPUSD Week of Nov 8 – 12 OutlookPrecog Vision – Forex 2015-12-21S&P 500 Mar 18 to Mar 22 OutlookNasdaq 100 Nov 28 to Dec 02 OutlookGBPUSD Nov 29 to Dec 03 OutlookGBPUSD Feb 08 to Feb 12 Outlook3DP Odds Table (USDJPY) 2011-09-05Intraday Cycle Projection (USDJPY) 2018-01-18Precog Vision – Forex 2020-5-4
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USDJPY Apr 30 to May 04 Outlook
Lawrence’s Comment
A pretty perfect week. Y-0 acted as support early in the week sending dollar yen to Y+1, which acted as resistance. Y-0 failed to act on 2nd time as support, we got Y-1 by end of week. Nice swings all the way.
Outlook
A flush is needed to give us a good bottom on weekly. B-1 downto B-2 is close to the long term support area as well. Will see if a flush to B-2 early in the coming week can produce a bottom.
Rally above B-0 will get us an excuse to rally to B+2.
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