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Lawrence's Comment Recap The expected bearish scenario unfolded. Dow failed to hold Y-1 and then dropped in a waterfall pattern clearing Y-2 and Y-3 in 1 go. The drop unleashed some panic ...READ MOREIntraday Cycle Projection (USDJPY) 2018-05-023DP Odds Table (USDJPY) 2019-10-07Weekly Cycle Projection (USDJPY) 2020-08-103DP Odds Table (USDJPY) 2016-09-13Hot n Cold (USDJPY) 2011-4-7Dow 30 Oct 20 to Oct 24 OutlookIntraday Cycle Projection (USDJPY) 2013-07-09Intraday Cycle Projection (USDJPY) 2019-03-22Intraday Cycle Projection (USDJPY) 2022-02-093DP Odds Table (USDJPY) 2013-09-20
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USDJPY Aug 24 to Aug 28 Outlook
Lawrence’s Comment
3 Pushes Up top as mentioned last week gave us a clean sell off down to Y-2 and waterfall effect carried ninja lower to below Y-3. Closed the week below Y-3 and near week low.
Outlook
The last part of the flush is mainly stop run. A bounce to 123 area is reasonable. Consolidation play around B-1 with reduced range likely.
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