Trading Edges That Last
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Lawrence's Comment Recap Consolidation week at 50% range. 1780 magic #. Due to overnight news shock all week, we observed surprise breakout plays almost everyday last week. Yet, S&P was still bounded ...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 MORELawrence's Comment Recap Tried twice to break Y-1 and failed. Once Y-0 was cleared, a reversal is in place for a run back upto at least Y+1. Y+1 and Y+2 was taken ...READ MOREGBPUSD Nov 30 to Dec 04 OutlookIntraday Cycle Projection (USDJPY) 2013-09-103DP Odds Table (USDJPY) 2018-08-03Precog Vision – Forex 2021-4-12S&P 500 Feb 03 to Feb 07 OutlookPrecog Vision – Forex 2020-11-20GBPUSD Apr 29 to May 03 OutlookWeekly Cycle Projection (USDJPY) 2013-09-30Hot n Cold (USDJPY) 2011-6-29S&P 500 Nov 28 to Dec 02 Outlook
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USDJPY Jul 27 to Jul 31 Outlook
Lawrence’s Comment
As expected Ninja popped slightly higher and stalled. Consolidation with 50% range. Closed the week above Y-0 and belo w midpoint.
Outlook
It takes time to absorb the rally. Pullback on daily in progress and a drop to Y-0 / B-2 is not a surprise. As long as the pullback can hold within the top part of the rally it points to more upside on weekly.
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