Trading Edges That Last
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Lawrence's Comment Recap Original accessment that Dow would consolidate between Y-0 and Y+1 was correct for the first part of the week. Then the b.s. gap up in mid-week failed to pop ...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 Early in the week failed to push higher, got the pullback to exactly my support and then the rally continued. Closed the week above Y+1 and near week high. Outlook Last ...READ MOREDow 30 Jun 17 to Jun 21 OutlookDow 30 May 07 to May 11 OutlookPrecog Vision – Forex 2012-2-223DP Odds Table (USDCAD) 2019-10-07Hot n Cold (USDCAD) 2020-12-183DP Odds Table (USDCAD) 2022-07-11Precog Vision – Forex 2022-11-9Intraday Cycle Projection (USDCAD) 2016-07-15USDJPY Jan 28 to Feb 01 OutlookGBPUSD Apr 10 to Apr 14 Outlook
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USDCAD Dec 17 to Dec 21 Outlook
Lawrence’s Comment
As expected this pair moved lower slowly towards 0.98. Found some support at Y-2. Closed the week at midpoint and above Y-2.
Outlook
Signs of support but too weak to be considered a bottom. A retest of B-1 and bounce above B-0 is necessary for the possibility of a stronger rally.
For now, consolidation below Y-1 and drifting towards B-2 or 0.98 continues.
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