Trading Edges That Last
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Lawrence's Comment Recap NQ did not hold B-1 at all so the bullish scenario never triggered. Instead, the Dow break down scenario triggered first with NQ falling all the way ...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 MORELawrence's Comment Recap As explained last week, NQ likely test the nearest support below first. It did and attempted to take on Y+1 after Dow made its FBO against its Y-1. But ...READ MORE3DP Odds Table (USDCAD) 2012-11-08Nasdaq 100 Nov 19 to Nov 23 Outlook3DP Odds Table (USDCAD) 2017-06-19Intraday Cycle Projection (USDCAD) 2017-11-30Intraday Cycle Projection (USDCAD) 2018-10-08Precog Vision – Forex 2016-5-27Nasdaq 100 Jun 08 to Jun 12 OutlookIntraday Cycle Projection (USDCAD) 2012-02-01Intraday Cycle Projection (USDCAD) 2016-04-28Intraday Cycle Projection (USDCAD) 2020-08-18
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USDCAD Dec 24 to Dec 28 Outlook
Lawrence’s Comment
The cleanest swing bottom for a long while. The exact formation I was looking for last week, bottom formation clearing resistance, happened and gave us Y+2 normal target. Zoomed through them all to Y+3. Closed the week above Y+2 and midpoint.
Outlook
Last part of the zoom up obviously was stop run. To prove the run has legs, we need to see consolidation to hold B-0 / Y+1. Then a push above B+1 will continue.
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