Trading Edges That Last
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Lawrence's Comment Recap Consolidation around previous week close as expected. 50% range. Closed the week above Y-0 and near midpoint. Outlook The consolidation exposed the weaknesses in Aussie as the reaction to Y+1 was ...READ MOREReal-time Commentaries 2019-1-14Precog Vision – US Indices 2016-8-4Real-time Commentaries 2016-11-2US Market Pre-Open 2011-3-29Intraday Cycle Projection (NQ) 2013-03-14Nasdaq 100 Nov 30 to Dec 04 OutlookReal-time Commentaries 2018-1-3Real-time Commentaries 2017-5-5Real-time Commentaries 2017-8-8AUDUSD May 19 to May 23 Outlook
As Featured In
Nasdaq 100 Oct 03 to Oct 07 Outlook
Lawrence’s Comment
Gapped below support zone to start the week but found support at the former breakout crime scene quickly. NQ surged higher and filled the weekly gap above. Resistance near previous week close forced NQ to test its support below once more. NQ took off from there and printed week high. Closed the week above Y-0 and midpoint.
Outlook
Inside week with bullish finish points to test of Y+1 likely. Breakout above will give us at least B+2.
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