Recap Compression all week simply swinging around Y-0. Closed the week above Y-0 and midpoint.
Outlook Inside week with tight range gives us breakout mode. Clearing the 3 week upper boundary points to a run above B+3 / 1.36 area. Clearing the lower boundary points to a steep pullback to B-3 area.
Lawrence's Comment
Recap
NQ dropped in sync with Dow and S&P.
Outlook
See comments on Dow.
This week due to the S&P downgrade, potential Fed and G8 inventions will throw all markets into ...
Lawrence's Comment
Recap
Y+1 acted as resistance, and the less likely scenario worked out perfectly. Free ride from above Y-0 down to Y-1. Closed the week below Y-1.
Outlook
Tagging Y-2 early in ...
USDCAD Sep 14 to Sep 18 Outlook
Lawrence’s Comment
Compression all week simply swinging around Y-0. Closed the week above Y-0 and midpoint.
Outlook
Inside week with tight range gives us breakout mode. Clearing the 3 week upper boundary points to a run above B+3 / 1.36 area. Clearing the lower boundary points to a steep pullback to B-3 area.
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