Trading Edges That Last
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Lawrence's Comment Recap NQ is the weak one last week. It follows the NFP playbook as well but it just cannot get through the 2800 round number. Like Dow, NQ bottomed on ...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 As expected the consolidation led to further weaknesses and that the downside target of Y-2 was tagged. Aussie went sideway since. Closed the week near Y-2 and below midpoint. ...READ MOREPrecog Vision – Forex 2022-8-113DP Odds Table (USDJPY) 2018-11-27Precog Vision – Forex 2020-6-8Intraday Cycle Projection (USDJPY) 2015-09-22Precog Vision – Forex 2011-10-19S&P 500 Sep 17 to Sep 21 OutlookNasdaq 100 Mar 11 to Mar 15 OutlookPrecog Vision – Forex 2013-2-7AUDUSD Dec 22 to Dec 26 OutlookEURUSD Jul 20 to Jul 24 Outlook
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USDJPY Nov 23 to Nov 27 Outlook
Lawrence’s Comment
Spike low against Y-1 as mentioned last week points to a retest of Y+1. Got the retest and stronger reaction this time sent ninja back down to below Y-0. Closed the week below Y-0 and midpoint.
Outlook
2nd rejection of Y+1 from an outside week points to further weaknesses. as long as Y-0 é B-0 acting as resistance, we get B-1 and below. It may not be a very strong selloff, just pressing ninja back down to test the crime scene near Y-2 that started the short squeeze 2 weeks ago.
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