Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Tight range consolidation around Y-1. Political drama affecting cable all week. Closed the week near Y-1 and midpoint. Outlook Sideway action after directional drop points to more downside. Until ...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 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 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 NQ consolidated around its previous week close and then took off to test Y+1 from below. Clean break out above Y+1 points to strength and NQ drifted higher since ...READ MOREIntraday Cycle Projection (USDCAD) 2020-07-29GBPUSD Jul 04 to Jul 08 OutlookIntraday Cycle Projection (USDCAD) 2011-10-26Intraday Cycle Projection (USDCAD) 2017-04-12Precog Vision – Forex 2017-12-4Precog Vision – Forex 2016-5-27Precog Vision – Forex 2011-4-22Nasdaq 100 Mar 07 to Mar 11 Outlook3DP Odds Table (USDCAD) 2022-10-263DP Odds Table (USDCAD) 2016-02-16
As Featured In
USDCAD May 23 to May 27 Outlook
Lawrence’s Comment
Drifted higher early in the week. Pullback to B-0 and as expected the pair bounced off B-0 as support.
Outlook
B+1 and B+2 are the targets for the coming week.
A consolidation below B+1 for the coming week will create a potential bearish scenario that B-1 must hold as support, otherwise a quick selloff to B-3 will be in play.
Share