Trading Edges That Last
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Lawrence's Comment Recap NQ started out the week very strong tagging Y+2. It then failed to hold above Y+1 and slided all the way back down to Y-1 which I warned about. ...READ MORERecap of Last Week Topped at the yellow zone and sold off. Downside target where the obvious gap zone is was tagged and in turn produced a powerful squeeze ...READ MORELawrence's Comment Recap Simply stuck since open of the week. Late rally in end of week tried to push itself above the weekly close prior to the crisis week and failed. Outlook If ...READ MORELawrence's Comment Recap Y-0 cleared in the beginning of the week gave as a reason to look for a test of Y+1. FBO off Y+1 gave as a go for Y-1 and ...READ MOREIntraday Cycle Projection (EURUSD) 2013-02-28USDCAD Jan 07 to Jan 11 OutlookNasdaq 100 Nov 04 to Nov 08 OutlookNasdaq 100 Mar 09 to Mar 13 OutlookS&P 500 Jan 24th to 28th OutlookUSDJPY Mar 28 to Apr 01 OutlookS&P 500 Nov 11 to Nov 15 OutlookIntraday Cycle Projection (EURUSD) 2022-06-133DP Odds Table (EURUSD) 2013-09-25Intraday Cycle Projection (EURUSD) 2012-07-09
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EURUSD Dec 16 to Dec 20 Outlook
Lawrence’s Comment
Travelled higher to Y+2. Found resistance and moved back down to Y+1. Closed the week above Y+1 and below midpoint.
Outlook
As mentioned last week, Euro somehow loves to rally into their bond promotions and then collapse right after. If Euro breaks B-1 / Y-1 and that turns into resistance, we will get a swing top good for months to come.
Holiday mode trading means euro can lock itself into a tight range between B-2 to B-0 over the coming 2 to 3 weeks.
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