Trading Edges That Last
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Lawrence's Comment Recap The big surprise last week came from NQ. As oppose to slide down to support level early in the week, a short squeeze sending NQ to retest ...READ MORELawrence's Comment Recap Y-0 acted as resistance at the start of the week but could not hold the price down on the 2nd try. Price zoomed up but stalled at the same ...READ MOREUSDCAD Jan 09 to Jan 13 OutlookUSDCAD Dec 24 to Dec 28 OutlookNasdaq 100 Apr 09 to Apr 13 OutlookUSDCAD Sep 25 to Sep 29 OutlookNasdaq 100 Dec 06 to Dec 10 Outlook3DP Odds Table (AUDUSD) 2015-04-09Nasdaq 100 Feb 11 to Feb 15 OutlookUSDCAD Mar 25 to Mar 29 OutlookUSDCAD Sep 07 to Sep 11 Outlook3DP Odds Table (AUDUSD) 2017-11-17
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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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