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Lawrence's Comment Recap Nasdaq is the week one out of the 3 indices this past week. As pointed out last week, NQ has strong resistance at Y-0. Thus after tagging that, ...READ MORE3DP Odds Table (USDJPY) 2013-05-08USDCAD Apr 03 to Apr 07 OutlookIntraday Cycle Projection (USDJPY) 2017-08-21Precog Vision – Forex 2023-2-163DP Odds Table (USDJPY) 2019-01-09Dow 30 Mar 09 to Mar 13 OutlookPrecog Vision – Forex 2017-12-25Precog Vision – Forex 2014-5-27Nasdaq 100 Dec 26 to Dec 30 Outlook3DP Odds Table (USDJPY) 2016-06-20
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USDJPY Oct 20 to Oct 24 Outlook
Lawrence’s Comment
As expected, ninja started weak and failed to clear even Y-1. That opened the door to Y-3. Flushed down to Y-3 and bounced. Closed the week below Y-1 and above midpoint.
Outlook
The flush was partially a lucky drop (not that I am not happy) thanks to the problematic BOJ officials. At this point though, the bounce was a bear flag on 4 hours. It is quite bearish with Y-1 / B+1 strong resistance. First reaction there should lead to at least B-0 retest. A break of the bear flag support points to a drop to B-2.
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