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Lawrence's Comment Recap Y-0 failed to provide support and turned the spring setup into a consolidation. Closed the week at week low and below Y-0. Outlook Inside week with Y-0 and B-0 near same ...READ MORELawrence's Comment Recap Y-0 support sent NQ up above Y+1 but it fails to hold above that which led to sell off back down to Y-0 and below. Y-0 was cleared quickly ...READ MORELawrence's Comment Recap Consolidated around Y+1 until late in the week where it zoomed to new high for the week. Closed the week above Y+1 and midpoint. Outlook If it is going to breakout ...READ MORELawrence's Comment Recap Previous week close rejected and acted as resistance since. We know that bulls and bears have a wide middle ground between 1.35 to 1.37. Since 1.37 was rejected, back ...READ MORELawrence's Comment Recap Strong breakout above 1.33 did not happen. Instead, a w. upthrust against Y+1 happened early in the week. That put Y-0 and Y-1 into play. Closed the ...READ MOREUSDJPY Sep 30 to Oct 04 OutlookNasdaq 100 Aug 10 to Aug 14 OutlookUSDCAD Jul 08 to Jul 12 Outlook3DP Odds Table (AUDUSD) 2019-06-20AUDUSD Nov 07 to Nov 11 OutlookEURUSD Feb 03 to Feb 07 OutlookIntraday Cycle Projection (AUDUSD) 2016-09-02Dow 30 Dec 30 to Jan 03 OutlookEURUSD May 07 to May 11 OutlookIntraday Cycle Projection (AUDUSD) 2016-04-26
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AUDUSD Apr 08 to Apr 12 Outlook
Lawrence’s Comment
Original expectation of a push back to at least Y-0 and then Y+1 was correct. Aussie failed to push thru Y+1 and sold off since. Closed the week below Y-1 and midpoint.
Outlook
Double top in place. As long as Y-1 acts as resistance we have a projected target of Y-3.
If Y-1 cannot hold this down, but B-0 does, it will turn into a normal pullback.
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