Trading Edges That Last
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Lawrence's Comment Recap Dow gapped above weekly resistance and cleared the open gap above right from the start. This set the stage for a run to Y+2. Y+2 turned into support sending ...READ MORELawrence's Comment Recap Y-0 resistance gave us a pullback to Y-1. Dow found support there and zoomed to Y+1, yet failed to stay above. Dow failed on retest of week high and ...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 Y-0 resistance sent ES lower. Attempt to hold above Y-1 failed and resulting in a gap down that sparked a flush to Y-2 downside target. Strong reversal from there ...READ MORE3DP Odds Table (USDCAD) 2014-04-29Precog Vision – Forex 2016-10-313DP Odds Table (USDCAD) 2018-08-21Precog Vision – Forex 2017-11-28Dow 30 Oct 12 to Oct 16 Outlook3DP Odds Table (USDCAD) 2018-02-15Dow 30 Sep 08 to Sep 12 OutlookIntraday Cycle Projection (USDCAD) 2014-08-22Precog Vision – Forex 2013-4-22S&P 500 Jan 25 to Jan 29 Outlook
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USDCAD Nov 26 to Nov 30 Outlook
Lawrence’s Comment
FBO confirmed and sold off to B-2 as expected. By end of week a stop run carried the pair down to Y-3. Closed the week below Y-2 and near week low.
Outlook
Similar to other majors, the extra spike we got on Friday is definitely not normal. A retest of B-0 is in order.
Middle East tension could be the trigger for all out USD rally against the majors.
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