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 First time since beginning of the year where Y-0 acted as resistance and gave us a selloff down to my target area 14800-14900. As I warned last week, beware ...READ MORELawrence's Comment Recap Down trend broken quickly right before the holiday after Y-0 was taken out with ease. That staged a strong push towards Y+2. And fat chance for daytraders ...READ MOREPrecog Vision – Forex 2020-9-213DP Odds Table (USDJPY) 2018-05-03Intraday Cycle Projection (USDJPY) 2022-06-06Nasdaq 100 Jan 23 to Jan 27 OutlookS&P 500 Jan 03 to Jan 07 OutlookHot n Cold (USDJPY) 2016-9-93DP Odds Table (USDJPY) 2019-04-22Dow 30 Jun 10 to Jun 14 OutlookHot n Cold (USDJPY) 2014-10-31Dow 30 Jan 07 to Jan 11 Outlook
As Featured In
USDJPY Aug 01 to Aug 05 Outlook
Lawrence’s Comment
Further pullback to Y-2 and bounced. Y-0 acted as resistance again. When Y-1 also turned into resistance we gone breakdown move to Y-4. Closed the week near Y-4 and week low.
Outlook
Ninja simply dropped back down to the crime scene where the last squeeze higher started. This means there is no real push in either direction. We are still looking at monthly consolidation in a wide range. Next week is middle of the summer holiday season so consolidation around B-1 is likely with reduced range.
Share