Trading Edges That Last
- You May Also LikeFor more information about this report please refer to the Market Bias Informant pageREAD MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREESNQAH High2175.004785.25AH Mid2174.134783.13AH Low2173.254781.00READ MORE
Lawrence's Comment Recap Strongest among the big 3 indices. FBO Monday, this time NQ can no longer gap up to force a breakout to the upside. Hence normal selloff back down to ...READ MORELawrence's Comment Recap A repeat of previous week's tight range up drift. Supports were bought and no weaknesses / price break to sell into. 2nd test of previous week close gave Dow ...READ MOREPrecog Vision – US Indices 2012-10-26Intraday Cycle Projection (NDX) 2017-07-05Real-time Commentaries 2011-5-23Precog Vision – US Indices 2012-7-26Intraday Cycle Projection (NQ) 2016-09-13US Market Pre-Open 2016-8-26Nasdaq 100 Aug 12 to Aug 16 OutlookDow 30 Oct 28 to Nov 01 Outlook3DP Odds Table (NDX) 2019-06-04S&P 500 Dec 19 to Dec 23 Outlook
As Featured In
Nasdaq 100 Mar 18 to Mar 22 Outlook
Lawrence’s Comment
Absolutely going nowhere. February high acted as support so downside targets are not triggered. Y+1 was not breached so no upside breakout continuation trade triggered either. Closed the week below midpoint and above Y-0.
Outlook
Inside week. A breakout to the downside with Y-3 target somehow magically line up with the gap fill below.
As long as B-1 is not breached, not the best short environment because the trend entering this consolidation was up so bulls are still having the advantage.
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