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Lawrence's Comment Recap As expected, Dow failed to porduce any rally off Y+1 and crashed back down below Y-0 area. As last week was option expiration, Dow did not tag 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 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 As expected cable dropped to Y-2. It bounced back above Y-1 right after forcing a push back to above Y-0. Closed the week near Y-0. Outlook Below 1.6 is rejected. ...READ MORELawrence's Comment Recap 2nd consolidation week. Tighter range too. Closed the week above Y-0 and below midpoint. Outlook Directionless. Breakout mode in place. This time I have no directional bias. Very dangerous setup - once ...READ MOREDow 30 Aug 22 to Aug 26 OutlookPrecog Vision – Forex 2014-6-13Precog Vision – Forex 2017-5-25Precog Vision – Forex 2014-9-19Intraday Cycle Projection (USDJPY) 2014-09-05GBPUSD Oct 29 to Nov 02 OutlookNasdaq 100 Nov 04 to Nov 08 Outlook3DP Odds Table (USDJPY) 2015-02-163DP Odds Table (USDJPY) 2018-02-07Intraday Cycle Projection (USDJPY) 2019-02-27
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USDJPY Jul 18 to Jul 22 Outlook
Lawrence’s Comment
We got our downside move and we got way more than we asked for. Not just y-2 was tagged, Yen slided all the way to below Y-3 and triggered extended target of Y-5. Once Y-5 was tagged, we got a bounce back to Y-3 as expected. All in all, violent reactions within the context prescribed by STOPD.
Outlook
B-0 is now strong resistance. Only when Yen trade above B-0 before considering any long position. The reason is that such strong moves seldom ends after a single leg. B-2 is in play.
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