Recap More downside as expected. Y-2 support sent NQ straight back upto Y-0. Y-0 breakout gave us a squeeze to fill the gap above. Closed the week above Y-0 and near week high.
Outlook Y+1 / open gap above upside target also important resistance on first touch basis. A sudden sharp drop is expected.
Lawrence's Comment
Recap
Ninja held Y-0 and rallied as expected. Disappointed though that it failed to tag Y+2. Could not even make it to 100% absolute range expansion. Closed the week at ...
Nasdaq 100 Jul 04 to Jul 08 Outlook
Lawrence’s Comment
More downside as expected. Y-2 support sent NQ straight back upto Y-0. Y-0 breakout gave us a squeeze to fill the gap above. Closed the week above Y-0 and near week high.
Outlook
Y+1 / open gap above upside target also important resistance on first touch basis. A sudden sharp drop is expected.
Share