Trading Edges That Last
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Lawrence's Comment Recap Gapped lower right off opening of the week and flushed down to test the gap below after failure to break above previous week close. Shorts are squeezed after the ...READ MORELawrence's Comment Recap Consolidation week around Y+1. 50% previous week range. Closed the week near week low and below Y+1. Outlook Consolidation ended in a weak tone points to potential flush down to B-2 ...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 Looks almost exactly like Dow. See Dow comments for recap. Outlook Bullish scenario - if Y-1 acts as support, we get B+2. Bearish scenario - measured move target from week low ...READ MORENasdaq 100 Jan 14 to Jan 18 OutlookHot n Cold (USDCAD) 2016-5-6USDCAD Nov 04 to Nov 08 OutlookPrecog Vision – Forex 2013-7-12Intraday Cycle Projection (USDCAD) 2018-03-07Hot n Cold (USDCAD) 2019-2-153DP Odds Table (USDCAD) 2014-03-14Precog Vision – Forex 2013-5-31S&P 500 Aug 15 to Aug 19 Outlook3DP Odds Table (USDCAD) 2011-08-17
As Featured In
USDCAD May 09 to May 13 Outlook
Lawrence’s Comment
Falling wedge completed with FBO against Y-1 gave us reversal back up to Y+3. Closed the week above Y+2 and near week high.
Outlook
This reversal is expected and just a matter of time for the weekly pullback to complete. Strong support at B-0 with retest of year high in play.
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