Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Same as Dow, NQ held Y-0 giving us the Y+2 target. Y+2 was blown through later the week with Y+3 tagged. Closed the week at Y+3 and week high. Outlook As ...READ MORELawrence's Comment Recap NQ consolidated around its previous week close and then took off to test Y+1 from below. Clean break out above Y+1 points to strength and NQ drifted higher since ...READ MORELawrence's Comment Recap ES opened the week by gapping up above Y-0 and filled the open gap above quickly. Retest of Y-0 confirm support and sent ES to test and clear Y+1 ...READ MORENasdaq 100 Aug 08 to Aug 12 OutlookNasdaq 100 Jun 09 to Jun 13 Outlook3DP Odds Table (GBPUSD) 2017-06-28Dow 30 Mar 13 to Mar 17 OutlookNasdaq 100 Mar 07 to Mar 11 OutlookS&P 500 Apr 27 to May 01 OutlookIntraday Cycle Projection (GBPUSD) 2013-02-133DP Odds Table (GBPUSD) 2016-12-05Intraday Cycle Projection (GBPUSD) 2012-01-13Intraday Cycle Projection (GBPUSD) 2017-01-02
As Featured In
GBPUSD Jul 08 to Jul 12 Outlook
Lawrence’s Comment
Still the best pair to swing trade. Failed to clear Y-0 midweek gave us a low risk ride down to Y-2 target. The nice surprise was that it flushed down to Y-3. Closed the week near Y-3 and week low.
Outlook
Down channel selloff overshoot. Cable has now snapped out of the down channel and will be unstable this week. Wild swing back up to Y-2 / B-0 and flush down to Y-4 cannot be ruled out. All this is still within the context of a wild consolidation week around B-1.
Share