Notice NQ is struggling at channel mid for the past few days. The decision to go higher or stall from here is likely to be made when the FOMC Meeting Minutes is released this 2 pm.
Lawrence's Comment
Recap
My read of a retest of Y+1 was correct but NQ failed to take it out. Slided back down to Y-0 after multiple tries. Y-0 was not ...
Nasdaq 100 at a Crossroad May 20, 2015
An update to the breakout chart I posted back on May 8.
Notice NQ is struggling at channel mid for the past few days. The decision to go higher or stall from here is likely to be made when the FOMC Meeting Minutes is released this 2 pm.
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