Trading Edges That Last
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Lawrence's Comment Recap Found support at the support zone mentioned last week. Rallied to Y+1 and closed the week there. Outlook Likely that the pair has found its daily level bottom. As long ...READ MORELawrence's Comment Recap Bear flag on daily successfully sent Dow up to year high and tagged the channel top. Since then Dow collapsed quickly with no pullback at all. Closed the week ...READ MORELawrence's Comment Recap Y+1 cleared as expected. Consolidation action around Y+1. Closed the week above Y+1 and midpoint. Outlook Condolidation with strong close implies above B+1 likely. Strong reversal from above B+1 and below ...READ MORE3DP Odds Table (USDCAD) 2014-11-11Hot n Cold (USDCAD) 2023-3-33DP Odds Table (USDCAD) 2019-06-20Intraday Cycle Projection (USDCAD) 2012-03-21USDCAD Jan 22 to Jan 26 OutlookUSDCAD Jun 27 to Jul 01 OutlookDow 30 Apr 07 to Apr 11 OutlookEURUSD Apr 09 to Apr 13 OutlookDow 30 May 22 to May 26 OutlookUSDCAD Aug 11 to Aug 15 Outlook
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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