Trading Edges That Last
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Lawrence's Comment Recap Failed to hold up at the top support area and fell off the cliff like Dow. Closed the week tagging Y-1. Outlook Outside down week and closed almost at the ...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 Consolidation actions within Y+1 and Y-0 as expected until FOMC announcement. Breakout to the upside and filled the open gap above. Closed the week above Y+1 and near week ...READ MORELawrence's Comment Recap Nasdaq is the week one out of the 3 indices this past week. As pointed out last week, NQ has strong resistance at Y-0. Thus after tagging that, ...READ MOREIntraday Cycle Projection (USDCAD) 2014-12-30Nasdaq 100 Aug 22 to Aug 26 OutlookIntraday Cycle Projection (USDCAD) 2017-12-20Intraday Cycle Projection (USDCAD) 2016-06-21USDJPY Nov 28 to Dec 02 OutlookIntraday Cycle Projection (USDCAD) 2011-07-12Intraday Cycle Projection (USDCAD) 2022-11-23Precog Vision – Forex 2023-5-2Dow 30 Feb 01 to Feb 05 OutlookNasdaq 100 Dec 26 to Dec 30 Outlook
As Featured In
USDCAD May 04 to May 08 Outlook
Lawrence’s Comment
Y-1 breached early in the week points to a drop to Y-2 and below in the making. Sold off until Y-2 / 1.20 round number level attracted buyers. Bounced back up since. Closed the week above Y-1 and near week high.
Outlook
Strong support at Y-1 / B-0 with B+2 in play in coming weeks.
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