Trading Edges That Last
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Lawrence's Comment Recap Consolidation week moving around Y+1. Closed the week near Y+1 and midpoint. Outlook Y+1 acting as resistance if give us a test of Y-0 / B-2.READ MORELawrence's Comments Recap After 3 weeks of consolidation, finally a breakout from tight range. 200% expansion target (Y+3) reached and stalled from there. Closed the week above week midpoint. Outlook The upmove ...READ MORES&P 500 May 22 to May 26 OutlookDow 30 Jul 25 to Jul 29 OutlookAUDUSD Feb 06 to Feb 10 OutlookIntraday Cycle Projection (USDJPY) 2015-07-08Nasdaq 100 Apr 24 to Apr 28 OutlookIntraday Cycle Projection (USDJPY) 2022-01-103DP Odds Table (USDJPY) 2012-07-18S&P 500 Sep 09 to Sep 13 OutlookIntraday Cycle Projection (USDJPY) 2020-09-08AUDUSD Feb 07 to Feb 11 Outlook
As Featured In
USDJPY Oct 01 to Oct 05 Outlook
Lawrence’s Comment
Y-1 failed to hold up at all opening the door to Y-2 which was tagged near the end of the week. Once Y-2 was tagged, extreme reaction to the support zone led to a run towards Y-1 quickly. Closed the week below Y-1 and above midpoint.
Outlook
Finally, the missing test of the support zone was done. As long as B-0 acts as support, B+2 will be challenged soon.
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