Trading Edges That Last
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Lawrence's Comment Recap Y-1 rejected in the beginning of the week leading to a run to Y-0 / open gap resistance zone. Dow failed to stay above Y-0 giving us a go ...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 Just like NQ, ES tested Y-0 at the start of the week and then immediately selloff to Y-2. Y-1 acted as resistance giving the selloff more firepower to ...READ MORELawrence's Comment Recap As expected NQ is not as bearish as it looked. The weaknesses from the week before last disappeared at the start of past week. That turned the ...READ MOREDow 30 Aug 04 to Aug 08 OutlookPrecog Vision – Forex 2011-10-63DP Odds Table (USDCAD) 2012-04-06Precog Vision – Forex 2014-7-233DP Odds Table (USDCAD) 2015-04-01S&P 500 Apr 18 to Apr 22 OutlookUSDJPY Jun 27 to Jul 01 Outlook3DP Odds Table (USDCAD) 2016-05-19Nasdaq 100 Dec 24 to Dec 28 OutlookHot n Cold (USDCAD) 2015-10-23
As Featured In
USDCAD Feb 18 to Feb 22 Outlook
Lawrence’s Comment
Popped higher right from the start of the week and tagged Y+2. This opened the doorway to go higher. Then pullback to above Y-0 forming a double bottom on 4 hour and resumed the rally. Did not tag the upside target mentioned last week though. Closed the week above Y+1 and midpoint.
Outlook
Should move above B+1 early next week. Unlike Aussie holding its ground, Loonie has been weak against dollar following the weaknesses in gold. This makes Loonie more difficult to trade going forward.
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