Trading Edges That Last
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ContentReviewEuro MeltdownS&P Stuck in a Down ChannelGold Accumulation ContinuesBitcoin Searching for Support10-Year Note Yield Still Pushing Higher Big Picture SummaryReviewEuro meltdown in progress as expected.S&P spiked higher into the resistance ...READ MORELawrence's Comment Recap Gapped down to Y-2 following Dow. That turned Y-0 into resistance zone. Yet NQ bounced from Y-2 all the way to above Y-0 creating mixed signals. At the ...READ MORELawrence's Comment Recap NQ struggled in the beginning of the week to stay above Y+1 yet failed to hold above it suggesting Y-0 was in play. By the end of the week, ...READ MOREMBO Issue 129 (September 2022) Signs of SystemUSDJPY Nov 14 to Nov 18 OutlookIntraday Cycle Projection (USDCAD) 2012-05-313DP Odds Table (USDCAD) 2014-09-04USDCAD Nov 12 to Nov 16 OutlookNasdaq 100 Sep 12 to Sep 16 OutlookEURUSD May 13 to May 17 OutlookDow 30 Dec 26 to Dec 30 Outlook3DP Odds Table (USDCAD) 2017-04-27Nasdaq 100 Jun 29 to Jul 03 Outlook
As Featured In
USDCAD Dec 03 to Dec 07 Outlook
Lawrence’s Comment
As expected the flush from the week prior to last did not produce more down side extension. Consolidated around Y-1 and Y-0. Closed the week above midpoint and above Y-1.
Outlook
The wild swing in gold and cruel should have pressured Loonie. Yet, we have not seen US dollar gaining strength over it.
A clean breakout above B+1 will give us a swing long to 1st target of B+3 and higher.
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