Recap FBO against B+1 gave us a drop back down to close the gap and then equal distance from previous week close. Huge squeeze gave us a new high for the week. Closed the week above Y+1 and midpoint.
Outlook NQ did not tag Y+2 points to lack of stregnth. If NQ cannot clear B+1 this week we are looking at potential breakdown back to Y-1 and below.
Lawrence's Comment
Recap
Rally all the way back to original resistance underneath Y+1. 1-2-3 sell off from there back to almost Y-1. Closed the week between Y-0 and Y-1.
Outlook
Inside week. ...
The trading models presented in this article is direct application of the gap classification framework from Master Emini S&P Gap Trading Techniques. I am talking about trading models because there ...
Lawrence's Comment
Recap
Tagging Y-2 in the beginning of the week confirmed our bearish view. Pullback failed to go above Y-1 leading to a push down to Y-3. Closed the ...
Nasdaq 100 Feb 29 to Mar 04 Outlook
Lawrence’s Comment
FBO against B+1 gave us a drop back down to close the gap and then equal distance from previous week close. Huge squeeze gave us a new high for the week. Closed the week above Y+1 and midpoint.
Outlook
NQ did not tag Y+2 points to lack of stregnth. If NQ cannot clear B+1 this week we are looking at potential breakdown back to Y-1 and below.
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