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Lawrence's Comment Recap Consolidation action at support as mentioned last week. FOMC announcement sent ES back down to retest the support zone and it was defended. Short squeeze on Friday finished the ...READ MORELawrence's Comment Recap Channel breakdown play worked out perfectly with Y-2 target tagged. Closed the week near Y-2 and week low. Outlook Potential weekly down trend in the making. B-0 / Y-1 ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MORELawrence's Comment Recap Consolidation as expected in tight range. Cable simply sit at equal distance from Y-0 waiting for something to move it. Closed the week near Y-0 and midpoint. Outlook Inside ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MORES&P 500 Feb 01 to Feb 05 OutlookHot n Cold (USDCAD) 2011-6-2AUDUSD Jul 25 to Jul 29 OutlookPrecog Vision – Forex 2015-3-6Precog Vision – Forex 2022-12-2GBPUSD Mar 30 to Apr 03 OutlookPrecog Vision – Forex 2020-5-14Dow 30 Jan 23 to Jan 27 OutlookIntraday Cycle Projection (USDCAD) 2021-09-06Intraday Cycle Projection (USDCAD) 2019-03-12
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USDCAD Apr 15 to Apr 19 Outlook
Lawrence’s Comment
Moved back to support as expected and the structured selling reappeared. Finally the support level was broken leading to a flush doubling the consolidation range and tagged Y-1 in 1 go. Closed the week above Y-1 and below midpoint.
Outlook
As mentioned last week, it was a 50/50 bet for the pair to hold the support level.
As long as Y-1 acting as support, looking for a retest of B+1 in the making.
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