Recap NQ did not even move any lower and pushed straight up right from the start of the week. It got Y+1 and stopped only after it has tagged the year high. Closed the week near Y+1 and above midpoint.
Outlook As long as Y+1 / B+1 acting as resistance, NQ is likely to drop back down to B-0.
Lawrence's Comment
Recap
Ninja was so strong, it pushed to 122 first in the beginning of the week setting up Y+1 as the consolidation midpoint. Closed the week near Y+1 and midpoint.
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Lawrence's Comment
Recap
NQ was the bullish one with hint for a run to Y+1 off its Monday action holding Y-0. Then PPT came overnight giving the indices a helping hand to ...
Nasdaq 100 Apr 29 to May 03 Outlook
Lawrence’s Comment
NQ did not even move any lower and pushed straight up right from the start of the week. It got Y+1 and stopped only after it has tagged the year high. Closed the week near Y+1 and above midpoint.
Outlook
As long as Y+1 / B+1 acting as resistance, NQ is likely to drop back down to B-0.
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