Trading Edges That Last
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Lawrence's Comment Recap As expected, a bottom was formed early in the week, gave us a run back up to Y-0 and stalled. This can be puzzling for many daytraders but it ...READ MORELawrence's Comment Recap Option expiration week locked Dow around Y+1 even though the mid week pop tried hard to force Dow to go much higher. Closed the week above midpoint and Y+1. Outlook Seasonal ...READ MORELawrence's Comment Recap Ninja tried to hold previous week close early in the week. It even spiked higher but failed to stay above Y+1. FBO led to a drop to Y-0 and ...READ MORELawrence's Comment Recap Drifted higher early in the week. Pullback to B-0 and as expected the pair bounced off B-0 as support. Outlook B+1 and B+2 are the targets for the coming week. ...READ MORELawrence's Comment Recap The resistance zone mentioned last week worked out as expected and a retest of Y-1 happened. However there was no breach of that important low and a bottom ...READ MOREIntraday Cycle Projection (USDCAD) 2016-09-21S&P 500 Jul 01 to Jul 05 OutlookIntraday Cycle Projection (USDCAD) 2016-05-273DP Odds Table (USDCAD) 2015-02-27Dow 30 Jul 22 to Jul 26 Outlook3DP Odds Table (USDCAD) 2021-01-25Dow 30 Jan 22 to Jan 26 OutlookUSDJPY May 11 to May 15 OutlookUSDCAD May 23 to May 27 OutlookGBPUSD Mar 21 to Mar 25 Outlook
As Featured In
USDCAD Aug 15 to Aug 19 Outlook
Lawrence’s Comment
Y+1 resistance led to reversal back down to spike up move crime scene down below near Y-1. Y-1 tagged and unlocked further selling. Closed the week below Y-1 and near week low.
Outlook
Measured down move on daily. Y-2 / B-1 support will send this back up to B-0.
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