Trading Edges That Last
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Lawrence's Comment Recap Dow rallied as expected towards 12200, but it stopped at 12150 when it reached 100% absolute range expansion and sold off since. Sell climax hit when Y-1 was ...READ MORELawrence's Comment Recap Failed to push above bear flag resistance. Bear flag support broken later in the week leading to all out flush down to Y-1. Closed the week below ...READ MORE3DP Odds Table (USDCAD) 2020-04-03S&P 500 Dec 07 to Dec 11 OutlookPrecog Vision – Forex 2020-7-2Dow 30 Jun 27 to Jul 01 OutlookHot n Cold (USDCAD) 2012-10-23USDJPY Jan 16 to Jan 20 Outlook3DP Odds Table (USDCAD) 2016-01-25S&P 500 Aug 27 to Aug 31 OutlookUSDCAD Oct 08 to Oct 12 OutlookAUDUSD Nov 18 to Nov 22 Outlook
As Featured In
USDCAD May 18 to May 22 Outlook
Lawrence’s Comment
Down channel resistance early in the week pressed price down to Y-0 and opened the door to Y-1. Y-1 tested mid week and held. Closed the week below Y-0 and near midpoint.
Outlook
FBO against Y-1 on daily. Potential run to B+1 and Y+1 as long as Y-1 acting as support.
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