Trading Edges That Last
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Lawrence's Comment Recap Tried to bounce off Y-1 with a w. spring. Tagged B-0 but failed to stay above that for long. Produced a 100% absolute range expansion and bounced back ...READ 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 MORE3DP Odds Table (USDCAD) 2018-06-043DP Odds Table (USDCAD) 2018-05-15S&P 500 Jun 20 to Jun 24 OutlookIntraday Cycle Projection (USDCAD) 2021-06-18Dow 30 Mar 26 to Mar 30 OutlookUSDJPY Jan 28 to Feb 01 Outlook3DP Odds Table (USDCAD) 2011-07-153DP Odds Table (USDCAD) 2020-06-083DP Odds Table (USDCAD) 2017-10-17Intraday Cycle Projection (USDCAD) 2016-06-13
As Featured In
USDCAD Dec 30 to Jan 03 Outlook
Lawrence’s Comment
Weaken early in the week but Y-1 was never tested. Consolidated below Y-0 during the quiet holidays. Then a low volume short squeeze / stop run took Loonie conveniently up to 1.07 zone again. Closed the week above Y-0 and near week high.
Outlook
Inside week. Y-0 and B-0 near each other. All implies indecision. Breakout play points to a run to either B+3 or B-3 after new year. Reaction at B+1 and B-1 will tell how many people are trapped within the current range.
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