Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Rejected the gap below early in the week, with a news shock breakout to the upside above Monday high, gave us a rally to Y+1 and the ...READ MORELawrence's Comment Recap Consolidation week as expected. Flushed to Y-1 and bounced. Failed to hold above Y-0 gave us another chance for the retest. Flushed to close the open gap and bounced. ...READ MORELawrence's Comment Recap As expected consolidation within Y-0 to Y+1. Ended the week by expanding to, what else, 50% aboslute expansion. Someone playing the game from a script. Outlook Bounced off Y-0 ...READ MORELawrence's Comment Recap Lifted higher to resistance before the test of Y-1, giving it enough fuel to break below Y-1 for 100% absolute range expansion before stopping. Closed the week at ...READ MORES&P 500 Apr 23 to Apr 27 OutlookIntraday Cycle Projection (AUDUSD) 2023-01-20S&P 500 Mar 31 to Apr 04 OutlookS&P 500 Apr 11 to Apr 15 OutlookNasdaq 100 Mar 13 to Mar 17 OutlookIntraday Cycle Projection (AUDUSD) 2016-05-23Dow 30 Aug 29 to Sep 02 OutlookGBPUSD Sep 05 to Sep 09 Outlook3DP Odds Table (AUDUSD) 2013-02-08Weekly Cycle Projection (AUDUSD) 2014-06-02
As Featured In
AUDUSD Jun 03 to Jun 07 Outlook
Lawrence’s Comment
Spike bottom happened before midweek yet failed to push above Y-0. Closed the week below Y-1 and midpoint.
Outlook
The first try to find a bottom failed. The week turned into consolidation around Y-1. That is bearish until B+1 is cleared.
As long as B+1 acting as resistance, more downside is expected.
Once B+1 is cleared, a quick run to Y+1 is in play.
Share