Trading Edges That Last
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Lawrence's Comment Recap Consolidation as expected. Tight range around previous week close until US NFP came out. Y+2 normal upside target tagged. Closed the week above Y+1 and midpoint. Outlook Daily ledge ...READ MORELawrence's Comment Recap Total collapse in the beginning of the week. Yet formed a double bottom from there and zoomed back up to previous week close. Failed from there and ...READ MOREESNQAH High2498.255880.00AH Mid2497.005876.00AH Low2495.755872.00READ MORELawrence's Comment Recap Consolidation with 50% previous week range as expected. Pushed lower to retest Y-1 and failed to stay below. Bounced back up to take on Y-0. Closed the week below ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREUSDJPY Jun 08 to Jun 12 OutlookIntraday Cycle Projection (NQ) 2019-11-15Dow 30 Jul 02 to Jul 06 OutlookIntraday Cycle Projection (NDX) 2016-05-02Weekly Cycle Projection (NDX) 2021-11-08Hot n Cold (NQ) 2016-10-28US Market Pre-Open 2017-9-26Nasdaq 100 Oct 10 to Oct 14 OutlookUSDCAD Mar 30 to Apr 03 OutlookPrecog Vision – US Indices 2014-6-6
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Nasdaq 100 Jul 02 to Jul 06 Outlook
Lawrence’s Comment
Early part of the week was a weak drift towards previous week close from below. As that failed to push higher, Y-2 was tagged. Then the multi-stage news shock created a short squeeze to force NQ to close at the week high.
Outlook
Y+1 in play. Taking that out and within 2 weeks B+2 is possible as long as the gap below near B-0 is not challenged.
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