Recap Slided down to Y-2 and in turn stops are triggered leading to Y-3. Support at Y-3 gave us consolidation actions since. Closed the week below Y-2 and midpoint.
Outlook As long as Y-3 / B-1 acting as support, B-0 and Y-1 are in play.
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Lawrence's Comment
Recap
A dramatic week. Failed to push above Y-0 and flushed through Y-1 quickly. Y-2 acted as support temporarily and then flushed down to new low above Y-3. ...
Lawrence's Comment
Recap
Dow pushed towards Y+2 and gap thru. Tagged 18500 and stalled. Closed the week above Y+2 and midpoint.
Outlook
Cannot time the end of a parabolic move but if ...
USDCAD Jun 13 to Jun 17 Outlook
Lawrence’s Comment
Slided down to Y-2 and in turn stops are triggered leading to Y-3. Support at Y-3 gave us consolidation actions since. Closed the week below Y-2 and midpoint.
Outlook
As long as Y-3 / B-1 acting as support, B-0 and Y-1 are in play.
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