Trading Edges That Last
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Lawrence's Comment Recap Not only Dow fulfilled our upside target of 12000 mentioned last week, it actually completed 100% absolute range expansion before stalling. Closed the week near the high of ...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 MORELawrence's Comment Recap I was expecting something like what happened to Dow and instead got a run like NQ. ES started out the week defending Y+1 and then pushed higher to tag ...READ MORELawrence's Comment Recap Quick zoom to B+2 as expected. Closed the week near midpoint. Outlook Short term bottom likely in place. If B-1 failed to act as support, a flush back down ...READ MOREDow 30 Oct 31 to Nov 04 OutlookIntraday Cycle Projection (USDJPY) 2012-12-07Precog Vision – Forex 2013-7-3Precog Vision – Forex 2011-9-19AUDUSD Jul 18 to Jul 22 OutlookS&P 500 Oct 21 to Oct 25 OutlookAUDUSD Dec 04 to Dec 08 OutlookNasdaq 100 Mar 12 to Mar 16 Outlook3DP Odds Table (USDJPY) 2019-01-07USDCAD May 14 to May 18 Outlook
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USDJPY Feb 16 to Feb 20 Outlook
Lawrence’s Comment
As expected ninja zoomed higher and got the main upside target Y+2. Ninja stalled back down quickly right after. Closed the week below Y+1 and near week low.
Outlook
120 and above strong resistance. First retest with strong reaction there is expected. The main thing is whether BOJ can lock ninja within the golden range that they said ninja should be trading within, 118 to 120. Chart pattern suggests that ninja has resistance above Y+1 and more likely to move lower to challenge B-2 where the the sudden urge started.
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