Trading Edges That Last
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Lawrence's Comment Recap NQ was the bullish one with hint for a run to Y+1 off its Monday action holding Y-0. Then PPT came overnight giving the indices a helping hand to ...READ MORELawrence's Comment Recap Tight range consolidation near Y-0 first half of the week. Then the whiplash mentioned last week came. First a push towards Y+1 and failed. Then collapsed at the end ...READ MORELawrence's Comment Recap Unlike Dow or ES, I have mentioned that NQ cleared an important resistance zone, thus it can go higher still. Here it is, zooming upto Y+3 normal ...READ MORELawrence's Comment Recap No extra intervention, so euro has to return to where the breakout started around Y-1. Closed the week at midpoint. Outlook No strong directional bias building up. Slight edge for ...READ MORENasdaq 100 Oct 27 to Oct 31 Outlook3DP Odds Table (USDJPY) 2016-08-303DP Odds Table (USDJPY) 2020-06-02Intraday Cycle Projection (USDJPY) 2020-12-303DP Odds Table (USDJPY) 2019-10-07USDCAD Nov 23 to Nov 27 OutlookHot n Cold (USDJPY) 2022-6-24USDCAD Mar 11 to Mar 15 OutlookNasdaq 100 Feb 06 to Feb 10 OutlookEURUSD Dec 12 to Dec 16 Outlook
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USDJPY Dec 30 to Jan 03 Outlook
Lawrence’s Comment
Ninja found support at previous week close and Y-0 in the beginning of the week. That gave us up drift bias for Y+1. Breakout above Y+1 and stayed above. Closed the week above Y+1 and near week high.
Outlook
The news from Japanese government enforce the strength in ninja. Not a very bullish chart though as a rising wedge is developing. B+2 may stop this run and starts a stronger pullback.
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