Lawrence's Comment
Recap
Further weaknesses as expected. Consolidated right below Y-1. Closed the week below Y-1 and midpoint.
Outlook
Last week was holiday week, thus the bear flag formation is less reliable. ...
Lawrence's Comment
Recap
Heavy selling as expected from the resistance zone mentioned last week. Got first target at Y-2 mid-week. As weekly support zone was breached ES can no longer hold up. ...
USDCAD Dec 08 to Dec 12 Outlook
Lawrence’s Comment
Consolidation at reduced range as expected. Closed the week below Y+1 and above midpoint.
Outlook
More upside likely after consolidation. FBO against Y+1 / B+1 zone will give us a drop back down below B-1.
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