Trading Edges That Last
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Lawrence's Comment Recap The weakest out of the 3 major indices, still rallied all its way until 200% absolute range expansion was completed. Closed the week at Y+2. Outlook The failure to take ...READ MORELawrence's Comment Recap Y-0 acted as support, breakout to the downside. Y-2 tagged late in the week. Closed the week near Y-2 and week low. Outlook Weaknesses continue as expected but not as weak ...READ MORELawrence's Comment Recap As mentioned last week, the pocket below has to be taken care of first. Gap up open did not change the bias and gave us an even better drop. ...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 MOREPrecog Vision – Forex 2019-7-263DP Odds Table (USDJPY) 2017-05-19Intraday Cycle Projection (USDJPY) 2023-03-21USDCAD Apr 25 to Apr 29 OutlookS&P 500 Jul 25 to Jul 29 OutlookGBPUSD Mar 24 to Mar 28 OutlookIntraday Cycle Projection (USDJPY) 2017-09-19Nasdaq 100 Sep 30 to Oct 04 OutlookPrecog Vision – Forex 2017-11-24USDJPY Mar 15 to Mar 19 Outlook
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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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