Trading Edges That Last
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Lawrence's Comment Recap Loonie is the odd pair this week as it is not moving with the other majors as US dollar strengthen. Since gold is all over the place ...READ MORELawrence's Comment Recap ES bull flag on 30-min and hourly landed at Y-0 support. Strong squeeze on the shorts led to breakout of Y+1. Closed the week above Y+1 and near week ...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 Rallied to Y-0 early in the week forming a bear flag. Sold off once the bear flag was broken to tbe downside. Y-2 target area reached but not ...READ MOREPrecog Vision – Forex 2016-10-17Precog Vision – Forex 2014-9-93DP Odds Table (USDCAD) 2018-11-07USDCAD Aug 06 to Aug 10 OutlookS&P 500 Mar 14 to Mar 18 OutlookPrecog Vision – Forex 2012-2-9Weekly Cycle Projection (USDCAD) 2018-02-05USDCAD Jan 16 to Jan 20 Outlook3DP Odds Table (USDCAD) 2013-11-27EURUSD Jun 20 to Jun 24 Outlook
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USDCAD Jun 29 to Jul 03 Outlook
Lawrence’s Comment
As explained last week, short term low should be in place and it worked out nicely. Y-0 support sent this up to Y+1 and pushed up again but failed to hold above Y+1. Closed the week above Y-0 and near midpoint.
Outlook
3 pushes up pattern suggests consolidation with a retest of B-1 in play. As long as B-1 holds, the short term bottom is intact.
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