Recap Bullish scenario unfolded as Y+1 tagged first with Y-0 support leading to a run to Y+2. Option expiration Friday even jumped NQ to Y+3 by open yet failed to hold onto the gain. Closed the week above Y+2 and midpoint.
Outlook Potential FBO against previous month high / former year high. Breach of B-0 points to a flush to at least below B-1 / Y-0.
Lawrence's Comment
Recap
Flushed in afterhours and Y-1 turned into support by the time market opens in regular hours. NQ bottomed out from there and rallied to close the week near ...
Overview
Emini overnight range 1836.25 up to 1876.00
Overnight Midpoint 1856.00
Current Week Mid 1850.00
Emini S&P is now trading at the top part of its range with a small gap ...
Nasdaq 100 Aug 18 to Aug 22 Outlook
Lawrence’s Comment
Bullish scenario unfolded as Y+1 tagged first with Y-0 support leading to a run to Y+2. Option expiration Friday even jumped NQ to Y+3 by open yet failed to hold onto the gain. Closed the week above Y+2 and midpoint.
Outlook
Potential FBO against previous month high / former year high. Breach of B-0 points to a flush to at least below B-1 / Y-0.
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