Trading Edges That Last
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Lawrence's Comment Recap As indicated last week the end of week rally from the week before was not a sign of reversal. That trapped a lot of longs. ES gapped higher at ...READ MORELawrence's Comment Recap Feb close did not even attempt to hold up at Y-1 and slided to 50% downside expansion target at Y-2. The bounce was stopped right at Y-1 ...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 MOREHot n Cold (USDJPY) 2017-12-1S&P 500 Oct 13 to Oct 17 OutlookIntraday Cycle Projection (USDJPY) 2011-12-123DP Odds Table (USDJPY) 2012-02-09USDCAD Mar 07 to Mar 11 OutlookIntraday Cycle Projection (USDJPY) 2011-11-25Precog Vision – Forex 2016-2-29Intraday Cycle Projection (USDJPY) 2013-01-213DP Odds Table (USDJPY) 2014-02-06Weekly Cycle Projection (USDJPY) 2020-07-13
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USDJPY Feb 22 to Feb 26 Outlook
Lawrence’s Comment
Drifted back up to Y-0 as expected. Sideway actions since. Closed the week below Y-0 and near week low.
Outlook
The expectation of retesting Y-1 is still in play. Support at Y-1 / B-2 will give us a strong bottom for retest of Y-0 / B+1 quickly.
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