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 The weakest among the 3 indices. Took NQ 3 tries to go lower before it finally rejected the gap below and started its zoom up. Even the zoom up ...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 MOREEURUSD Jan 14 to Jan 18 Outlook3DP Odds Table (USDJPY) 2011-07-04Precog Vision – Forex 2022-12-53DP Odds Table (USDJPY) 2022-07-08Intraday Cycle Projection (USDJPY) 2022-09-073DP Odds Table (USDJPY) 2022-11-22Nasdaq 100 May 13 to May 17 OutlookNasdaq 100 Oct 15 to Oct 19 OutlookAUDUSD Nov 28 to Dec 02 OutlookPrecog Vision – Forex 2016-3-22
As Featured In
USDJPY Jul 16 to Jul 20 Outlook
Lawrence’s Comment
Tried very hard to form a low above the support zone mentioned last week yet failed to do so. Landing at the target zone finally resulted in extreme upside reaction, yet sold off back down to the support zone again. Closed below Y-1 and near week low.
Outlook
Partly news driven, partly stop run on a very thin market. Resistance is now clearly defined at 80. Long term up trend can resume once 80 is taken out and turning into support.
A game of patience here. Ample time to wait for the confirmation before jumping in.
Share