Trading Edges That Last
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Lawrence's Comment Recap Failed to clear resistance mentioned last week. Tagged Y-2 downside target by end of the week. No surprise and easy week. Closed the week near week low and Y-2. Outlook Slow ...READ MORELawrence's Comment Recap Gapped down to almost Y-3 to start the week. Then buying just show up and zoomed NQ back up to Y-0. 3 pushes up and failed to go above ...READ MORELawrence's Comment Recap NQ zoomed higher to Y-0 and held there for the FOMC announcement. That alone opened the door to Y+1. Post announcement, NQ immediately tagged the target and by op-ex ...READ MOREEURUSD May 20 to May 24 OutlookReal-time Commentaries 2016-5-25Nasdaq 100 Mar 25 to Mar 29 Outlook3DP Odds Table (NDX) 2012-09-06Intraday Cycle Projection (NQ) 2012-06-27Intraday Cycle Projection (NDX) 2017-06-23Real-time Commentaries 2017-10-2Intraday Cycle Projection (NQ) 2018-08-203DP Odds Table (NQ) 2017-10-10Nasdaq 100 Mar 23 to Mar 27 Outlook
As Featured In
Nasdaq 100 Feb 13 to Feb 17 Outlook
Lawrence’s Comment
Bullish scenario unfolded. 50% range of the week prior to last. Closed the week at midpoint and above Y+1.
Outlook
Strongest of the 3 indices. No weaknesses at all so far as the highest support level is not even breached.
Retest of B+1 is possible and more likely than breaking down immediately.
The less likely scenario is that NQ gap down right from the beginning of the week to below B-1, B-2 will be tagged quickly.
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