Lawrence's Comment
Recap
As expected, ninja retested Y-1. Yet, it failed to hold above Y+1 as support, leading to retest of Y-0 / previous week close. Consolidated since. Closed the week below ...
Lawrence's Comment
Recap
Breached Y+1 early in the week telling us Y+2 in play. Pulled back around 15 points (not quite the 20 points from expectation), then zoom up to target. ...
Lawrence's Comment
Recap
Breached Y+1 early in the week and then consolidated above previous week close. NFP report lifted ES up to Y+2. Closed the week above midpoint and near week high.
Outlook
Strong ...
USDCAD Aug 08 to Aug 12 Outlook
Lawrence’s Comment
Summer thin trading volume gave us a week of bouncing between two extremes. Closed the week above Y-0 and near week high.
Outlook
Weekly pullback context still valid. As long as this basing actions continue, we are going to see new high this year.
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