Trading Edges That Last
- You May Also LikeFor more information about this report please refer to the Market Bias Informant pageREAD MOREDow 30 Jan 04 to Jan 08 Outlook3DP Odds Table (NQ) 2013-01-16USDJPY Jun 13 to Jun 17 OutlookReal-time Commentaries 2014-6-4Hot n Cold (NQ) 2012-5-29Intraday Cycle Projection (NDX) 2014-04-21Hot n Cold (NDX) 2015-9-4Intraday Cycle Projection (NDX) 2015-12-07Precog Vision – US Indices 2018-9-20Hot n Cold (NQ) 2016-6-24
As Featured In
Nasdaq 100 Feb 22 to Feb 26 Outlook
Lawrence’s Comment
NQ cleared Y+1 by gapping above it right off the start of the week. That forced all shorts to cover and the Y+3 target for surprise move was tagged. Consolidation since. Closed the week above Y+2 and midpoint.
Outlook
Dirty bottom on daily formed. NQ open gap above is a magnet if B-0 support helps NQ to clear B+1. Failure to clear B+2 will create a bigger and stronger megaphone pattern with B-1 and below likely in coming weeks.
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