Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap The bad news for bulls materialized last week. Dow tried hard to hold every intraday support zone yet breached them all when the news of another bank trouble had ...READ MORELawrence's Comment Recap FBO against Y+1 gave us Y-0 and Y-1 targets early in the week. Directional selling until Y-1 was breached. Found support there and bounced. Closed the week below Y-0 ...READ MORELawrence's Comment Recap As expected NQ is not as bearish as it looked. The weaknesses from the week before last disappeared at the start of past week. That turned the ...READ MOREHot n Cold (USDCAD) 2019-1-11Dow 30 Jul 14 to Jul 18 OutlookNasdaq 100 Nov 07 to Nov 11 OutlookDow 30 May 04 to May 08 OutlookAUDUSD Nov 24 to Nov 28 OutlookEURUSD Nov 26 to Nov 30 OutlookNasdaq 100 Dec 24 to Dec 28 OutlookS&P 500 Aug 06 to Aug 10 OutlookIntraday Cycle Projection (USDCAD) 2016-01-27Hot n Cold (USDCAD) 2022-12-23
As Featured In
USDCAD Oct 01 to Oct 05 Outlook
Lawrence’s Comment
Consolidated around Y+1. Mildly bullish as expected. Closed the week above Y+1 and midpoint.
Outlook
Need the pair to tag B+2 soon and holding above 0.98 to stay bullish.
On 4 hour it is clear that we have an upchannel / bear flag formation in place so far. If the channel support is broken, B-2 (0.97) will be retested.
Share