Recap Flushed to downside target as mentioned last week and the expected pause started. Sideway actions all week at 50% range. Closed the week near Y-1 and above midpoint.
Outlook Ledge at 30 min and higher timeframes points to continuation potential. Trend was down before entering the ledge. Breaking below B-1 will give us a slide down to B-3 and below.
Lawrence's Comment
Recap
Similar to Dow but weaker. S&P can only muster up 100& absolute range expansion. Closed the week above Y+2 and near week high.
Outlook
Unusual circumstances implies uncertainty ahead. ...
Lawrence's Comment
Recap
Gapped down to Y-1 to start the week. Y-0 acting as resistance as expected. The push above Y-0 failed to establish Y-0 as support and collapsed down to Y-1 ...
Lawrence's Comment
Recap
First move taken out 82 early in the week, staged a strong comeback potential. After testing previous week low again, did a 1-2-3 buy and tagged target ...
Nasdaq 100 Feb 15 to Feb 19 Outlook
Lawrence’s Comment
Flushed to downside target as mentioned last week and the expected pause started. Sideway actions all week at 50% range. Closed the week near Y-1 and above midpoint.
Outlook
Ledge at 30 min and higher timeframes points to continuation potential. Trend was down before entering the ledge. Breaking below B-1 will give us a slide down to B-3 and below.
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