Trading Edges That Last
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Lawrence's Comment Recap NQ consolidated around Y+1 and broken out to the upside. Earnings sent NQ straight up to Y+4. Closed the week above Y+4 and near week high. Outlook Too much ...READ MORE3DP Odds Table (USDCAD) 2016-05-16Weekly Cycle Projection (USDCAD) 2019-04-22AUDUSD Jan 01 to Jan 05 OutlookPrecog Vision – Forex 2021-10-5Hot n Cold (USDCAD) 2013-1-4GBPUSD Jul 29 to Aug 02 OutlookUSDJPY Aug 09 to Aug 13 Outlook3DP Odds Table (USDCAD) 2018-04-04Nasdaq 100 Oct 26 to Oct 30 OutlookNasdaq 100 Nov 02 to Nov 06 Outlook
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Lawrence’s Comment
Bullish bias for Y+1 retest turns into continuation run up to Y+2. 100% abolute range expansion stopped the run. Closed the week near Y+1 and below midpoint.
Outlook
The turnaround was mainly driven by strength in gold. B-1 / Y+1 zone strong support. Until that is broken we have to assume a renewal of the up trend on daily is in the making.
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