Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Held up pretty well for 2 days. Then euro collapsed and dragged everything lower. Yet, Dow managed to drift higher and closed the week at midpoint. Outlook End of ...READ MORELawrence's Comment Recap Y-0 resistance gave us a drop below Y-1. Down channel bottom acted as support again allowing Aussie drift back up. 2nd test of Y-0 resistance did not clear it ...READ MOREDow 30 Jan 02 to Jan 06 Outlook3DP Odds Table (EURUSD) 2018-12-04Dow 30 Nov 16 to Nov 20 OutlookHot n Cold (EURUSD) 2011-6-29EURUSD Oct 12 to Oct 16 OutlookAUDUSD May 05 to May 09 Outlook3DP Odds Table (EURUSD) 2014-07-11Intraday Cycle Projection (EURUSD) 2013-12-18Weekly Cycle Projection (EURUSD) 2019-10-07Nasdaq 100 Aug 14 to Aug 18 Outlook
As Featured In
EURUSD Jul 29 to Aug 02 Outlook
Lawrence’s Comment
Euro got its 1.32 test and zoomed thru it to Y+2 and 1.33. Closed the week above Y+2 and midpoint.
Outlook
Thin rising wedge / up channel in place. It is not, however, a bullish pattern. If Euro failed to stay above Y+1 / B-0 and that turns into resistance, I am looking for a quick flush back down to B-3.
Share