Recap Surprise upside breakout gave us Y+3 target. It was reached mid week and as more shorts are trapped, an all out squeeze sent NQ up to Y+5. Closed the week near Y+5 and week high.
Outlook Huge gaps left behind points to instability. 2-way swings expected with deep pullback to B-0 possible.
Lawrence's Comment
Recap
Aussie failed to clear Y+1, gave us the perfect selloff as mentioned last week back down to Y-2. Y-2 did not even put in a fight and gave us ...
Nasdaq 100 Jul 20 to Jul 24 Outlook
Lawrence’s Comment
Surprise upside breakout gave us Y+3 target. It was reached mid week and as more shorts are trapped, an all out squeeze sent NQ up to Y+5. Closed the week near Y+5 and week high.
Outlook
Huge gaps left behind points to instability. 2-way swings expected with deep pullback to B-0 possible.
Share