Recap Compression all week simply swinging around Y-0. Closed the week above Y-0 and midpoint.
Outlook Inside week with tight range gives us breakout mode. Clearing the 3 week upper boundary points to a run above B+3 / 1.36 area. Clearing the lower boundary points to a steep pullback to B-3 area.
Lawrence's Comment
Recap
Tight range breakout to the downside. 200% range expansion target Y-5 tagged and bounced. Wild swing since although trapped within the range. Closed the week below Y-3 and near ...
Lawrence's Comment
Recap
How wrong was I on NQ. Instead of a clean FBO Monday, NQ rejected the setup by not breaking the Monday low and instead gap and breakout upside. Tagged ...
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USDCAD Sep 14 to Sep 18 Outlook
Lawrence’s Comment
Compression all week simply swinging around Y-0. Closed the week above Y-0 and midpoint.
Outlook
Inside week with tight range gives us breakout mode. Clearing the 3 week upper boundary points to a run above B+3 / 1.36 area. Clearing the lower boundary points to a steep pullback to B-3 area.
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