Trading Edges That Last
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Lawrence's Comment Recap A steep selloff to start the week as expected. Rallied since after the open gap below was filled. Y+2 was tagged. Closed the week above Y+1 and midpoint. ...READ MORELawrence's Comment Recap Total breakdown since the start of the week. Tagged 2X previous week range and bounced on exhaustion. Closed the week at midpoint. Outlook Looking for short term bottom early ...READ MOREIntraday Cycle Projection (USDCAD) 2022-09-21S&P 500 Feb 29 to Mar 04 OutlookHot n Cold (USDCAD) 2021-4-2Dow 30 Sep 23 to Sep 27 OutlookIntraday Cycle Projection (USDCAD) 2022-08-113DP Odds Table (USDCAD) 2017-01-16Intraday Cycle Projection (USDCAD) 2020-03-31Intraday Cycle Projection (USDCAD) 2022-04-22EURUSD May 21 to May 25 Outlook3DP Odds Table (USDCAD) 2018-12-11
As Featured In
USDCAD Oct 21 to Oct 25 Outlook
Lawrence’s Comment
Confirmed FBO on Monday gave us the bias for a move down to Y-1. Sold off from a lower high against Y+1 and dropped down to Y-1 smoothly as expected. Closed the week below Y-1 and below midpoint.
Outlook
Easy setup does not happen every week. Loonie back to its previous consolidation zone thus price will no longer move quickly. As long as B-0 acting as resistance, more downside is expected.
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