Trading Edges That Last
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Lawrence's Comment Recap Bounced off our support zone but failed to go much higher. Closed the week below midpoint. Outlook Breaking below B-1 will give way to B-2 quickly.READ MORELawrence's Comment Recap Upside target Y+2 tagged first, then downside target gap fill below was tagged later. Closed the week above Y+1. Outlook Stronger than Dow but weaker than NQ. ES has ...READ MORELawrence's Comment Recap As explained last week that option expiration weeks operate with a different set of rules. Dow could not clear the upper boundary as expected and suddenly dropped back down ...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 MOREGBPUSD May 02 to May 06 Outlook3DP Odds Table (USDJPY) 2018-08-16AUDUSD Feb 20 to Feb 24 OutlookS&P 500 Jan 16 to Jan 20 OutlookAUDUSD Jul 22 to Jul 26 OutlookDow 30 Apr 20 to Apr 24 OutlookHot n Cold (USDJPY) 2018-7-27Precog Vision – Forex 2021-3-17Precog Vision – Forex 2015-11-13Intraday Cycle Projection (USDJPY) 2016-09-08
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USDJPY May 16 to May 20 Outlook
Lawrence’s Comment
Ninja popped higher with upside target tagged as expected. Resistance at Y+3 keeping the range in check. Closed the week near Y+2 and above midpoint.
Outlook
Strong resistance at Y+3 /B+1 zone. Big sideway consolidation between B+1 and B-1 likely until weekly and monthly support / resistance line up. Breaking below B-0 points to quick drop to B-1.
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