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Lawrence's Comment Recap Start of the week held up well around the close. Y+1 upside break out gave us the Y+2 target. Y+2 tagged and a pullback started. Dow gapped lower to ...READ MORELawrence's Comment Recap Was looking for further downside and we got that. Not quite tagging Y-3 as Dow stopped going lower when it reached 100% absolute range expansion. V-shape reversal since and ...READ MORELawrence's Comment Recap Lower open did not breach the breakout boundary. Yet first try to go higher stalled below Y+1. Successfully defended defended week low leading to upside breakout to Y+2. Closed ...READ MOREAfter having too much fun at dinner parties and alcohol consumption, I am joining the crowded game of making predictions of the financial markets for the coming year 2016. Last ...READ MOREWeekly Cycle Projection (AUDUSD) 2021-06-21S&P 500 Jun 20 to Jun 24 OutlookDow 30 Feb 17 to Feb 21 OutlookUSDCAD Jul 29 to Aug 02 OutlookNasdaq 100 Apr 18 to Apr 22 OutlookDow 30 Oct 14 to Oct 18 Outlook3DP Odds Table (AUDUSD) 2011-04-04Weekly Cycle Projection (AUDUSD) 2020-05-18AUDUSD Jan 06 to Jan 10 Outlook2016 Predictions on Stock Markets, Currencies and Gold
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AUDUSD Feb 07 to Feb 11 Outlook
Lawrence’s Comments
After 3 weeks of consolidation, finally a breakout from tight range. 200% expansion target (Y+3) reached and stalled from there. Closed the week above week midpoint.
Outlook
The upmove was a controlled one, thus a retest of Y+1 and B-0 is needed to confirm the strength of this rally. If that zone acts as support, a retest of B+1 is very likely.
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