Lawrence's Comment
Recap
ES gap lower to start the week from long term support zone where the major open gaps are. ES found support there and launched a rally straight back up ...
Lawrence's Comment
Recap
Y-0 acted as resistance as expected and sent the pair to retest Y-1. Y-1 did not offer much support at all until 100% absolute range expansion is reached.
Outlook
1.6 ...
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USDCAD Aug 27 to Aug 31 Outlook
Lawrence’s Comment
No violent breakout, just a weak outside week reversal. Closed the week below Y-1.
Outlook
A reversal happened but not as strong as I hope for. Definitely need Y-0 / B-0 to hold early next week so that we can get a run to B+3.
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