Trading Edges That Last
- You May Also LikeESNQAH High1280.252239.75AH Mid1272.752228.25AH Low1265.252216.75READ MORE
Emini S&P (symbol ES) and its closely related Spyder ETF (symbol SPY) have many real-time biases that provide important clues on where they are heading within the day. These real-time ...READ MORELawrence's Comment Recap As indicated last week the end of week rally from the week before was not a sign of reversal. That trapped a lot of longs. ES gapped higher at ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREESNQAH High1881.003833.75AH Mid1872.383813.13AH Low1863.753792.50READ MOREWeekly Cycle Projection (NQ) 2012-12-03US Market Pre-Open 2011-6-14Real-time Commentaries 2011-8-5Hot n Cold (NQ) 2011-4-18Emini S&P Real-Time Trading Assistant ExplainedIntraday Cycle Projection (NQ) 2022-01-20S&P 500 Oct 13 to Oct 17 OutlookPrecog Vision – US Indices 2014-8-13DP Odds Table (NDX) 2016-11-01US Market Pre-Open 2014-10-14
As Featured In
Nasdaq 100 Apr 20 to Apr 24 Outlook
Lawrence’s Comment
NQ attempted to move higher from Y+1 but failed. That opened the door to Y-0. First leg down stopped at 50% week range and tried to drift back up like a normal consolidation week. Y+1 acted as resistance since and by op-ex Friday, the breakdown took NQ down to its below Y-0 target Closed the week near Y-0 and below midpoint.
Outlook
NQ has now established its daily down trend. Until weekly support levels below are tested, NQ will have difficulties to go higher. B-0 now strong resistance zone.
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