Trading Edges That Last
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Lawrence's Comment Recap Y-0 support sent NQ higher to test Y+1. Failed to clear it and dropped back down to normal target of Y-1. Got Y-1 and consolidated since. Closed the week ...READ MORELawrence's Comment Recap My bullish view is proven correct. Y+1 was tested mid week and eventually taken out by end of the week. Closed the week above Y+1. Outlook Weekly and monthly ...READ MORELawrence's Comment Recap Pullback happened, but the double top formation failed to break its neckline and turned into a classic ledge finding support at Y-0. Target Y+2 tagged by middle ...READ MORELawrence's Comment Recap Trapped inside Y-1 to Y+1. The spike and ledge formation is intact. Closed the week below midpoint and is an inside week. Outlook Breakout formation in place. The breakout direction ...READ MOREIntraday Cycle Projection (USDCAD) 2018-10-02Intraday Cycle Projection (USDCAD) 2017-12-15Nasdaq 100 Jan 19 to Jan 23 Outlook3DP Odds Table (USDCAD) 2023-05-02Dow 30 Feb 20 to Feb 24 OutlookHot n Cold (USDCAD) 2015-4-17GBPUSD Feb 06 to Feb 10 Outlook3DP Odds Table (USDCAD) 2013-11-013DP Odds Table (USDCAD) 2022-03-21USDCAD Aug 29 to Sep 02 Outlook
As Featured In
USDCAD Sep 05 to Sep 09 Outlook
Lawrence’s Comment
Y+1 / previous week close acted as support and sent this higher until 100% absolute range expansion. Reaction to Y+2 dropped this back down to below Y-1.
Outlook
Daily level support starts at 1.295 with Y-2 stronger support on daily. If higher low is formed on weekly, there is a good chance of another rally on weekly basis going back up to year high.
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