Trading Edges That Last
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Lawrence's Comment Recap Beautiful whiplash play from resistance mentioned last week. Breaking support without putting up a fight at all. 200% range expansion. Closed the week below Y-2 and near week low. ...READ MORELawrence's Comment Recap Failed to push thru Y-0 early in the week and a landslide started. Y-2 failed to act as support and forced a flush below Y-3. Rally from ...READ MORELawrence's Comment Recap Dow completely dominated by bottom pickers in the beginning of the week. Hence failed to clear the previous week close from below. As new low printed mid week, the ...READ MORENasdaq 100 Mar 18 to Mar 22 Outlook3DP Odds Table (USDCAD) 2018-07-31Intraday Cycle Projection (USDCAD) 2021-02-01GBPUSD Nov 09 to Nov 13 OutlookIntraday Cycle Projection (USDCAD) 2021-06-30USDCAD Aug 29 to Sep 02 OutlookWeekly Cycle Projection (USDCAD) 2011-12-05Nasdaq 100 Jul 16 to Jul 20 OutlookDow 30 Feb 03 to Feb 07 Outlook3DP Odds Table (USDCAD) 2018-11-29
As Featured In
USDCAD May 26 to May 30 Outlook
Lawrence’s Comment
Y-1 acted as support and forced a run back up to Y+1. Strong reaction there gave us a drop back down. Closed the week below Y-0 and midpoint.
Outlook
Outside week, midpoints near each other but closed within the bottom of the range – indecision with bearish bias.
Again, as long as Y-0 / B-0 acting as resistance, looking for Y-2.
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