Lawrence's Comment
Recap
Breakout play worked out nicely with Y-3 target almost tagged. Strong reaction at Y-3 brought this back up to the crime scene. Closed the week near Y-0 and above ...
Lawrence's Comment
Recap
Compressed further early in the week leading to clean Breakout to the down side. 100% absolute range expansion stopped the drop. Closed the week below Y-1 and midpoint.
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Lawrence's Comment
Recap
As expected the test of Y+1 has failed. Minimal target at Y-0 was tagged. But the pullback was very slow. Closed the week above Y-0 and below midpoint.
Outlook
Similar to ...
Lawrence's Comment
Recap
As expected, ES dropped below 2000 to challenge its monthly support zone. Picture perfect Y-2 test sent ES striaght back up to Y-1, breakout and zoom higher to Y-0 ...
Lawrence's Comment
Recap
Cable failed to hold Y-1 as expected and dropped to the target zone mentioned last week. It failed to bounce above Y-1, hence the down trend continued until 100% ...
USDCAD May 07 to May 11 Outlook
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