Trading Edges That Last
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Lawrence'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 Y-0 support gave us up drift to B+2. Reaction to FOMC meeting swinged NQ back down to Y-0. Closed the week near Y-0 and below midpoint. Outlook B-0 / ...READ MORELawrence's Comment Recap Trapped inside Y-1 to Y+1. The spike and ledge formation is intact. Closed the week below midpoint and is an inside week. Outlook Breakout formation in place. The breakout direction ...READ MOREDow 30 Jun 25 to Jun 29 Outlook3DP Odds Table (AUDUSD) 2018-05-143DP Odds Table (AUDUSD) 2023-05-02USDCAD Jul 08 to Jul 12 OutlookDow 30 Mar 08 to Mar 12 OutlookIntraday Cycle Projection (AUDUSD) 2012-01-04Intraday Cycle Projection (AUDUSD) 2022-03-163DP Odds Table (AUDUSD) 2018-09-03Nasdaq 100 Sep 21 to Sep 25 OutlookUSDCAD Aug 29 to Sep 02 Outlook
As Featured In
AUDUSD Oct 21 to Oct 25 Outlook
Lawrence’s Comment
Y-0 support gave us the breakout I was looking for. Got Y+2 and paused there. And then the big news on gold helped Aussie clearing the resistance with a squeeze. Closed the week near Y+5 and above midpoint.
Outlook
Bullish bias mostly used up for now as short squeeze / stop run based move do not last. A wild consolidation is in the card now. 50% week range expected with two ways action around B+1.
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