Trading Edges That Last
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Lawrence's Comment Recap Comparing to S&P, Dow dropped more significantly and displayed weaker price action all week. Of course, we now know JPM was the reason. Outlook Similar to S&P, Dow ...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 MOREAUDUSD Mar 06 to Mar 10 OutlookPrecog Vision – Forex 2011-12-5USDCAD Nov 21 to Nov 25 OutlookWeekly Cycle Projection (USDJPY) 2015-08-17Dow 30 May 14 to May 18 OutlookDow 30 Jul 16 to Jul 20 OutlookWeekly Cycle Projection (USDJPY) 2015-05-18EURUSD Dec 26 to Dec 30 Outlook3DP Odds Table (USDJPY) 2016-11-03Precog Vision – Forex 2012-2-15
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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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