Trading Edges That Last
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Lawrence's Comment Recap ES acted as bullish as it can be as expected last week. But that strength disappeared when the fiscal cliff talks taking over the media. During Thursday ...READ MOREESNQAH High1665.253027.50AH Mid1662.753021.13AH Low1660.253014.75READ MORELawrence's Comment Recap Bounced off the close of previous week and zoomed up to Y+1 before it stalled. Y-0 acted as support and sending the pair back up to Y+1 again. ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORES&P 500 Dec 24 to Dec 28 OutlookUS Market Pre-Open 2013-5-20Real-time Commentaries 2023-2-23Real-time Commentaries 2012-6-15USDCAD Nov 07 to Nov 11 OutlookPrecog Vision – US Indices 2019-3-4Real-time Commentaries 2012-4-303DP Odds Table (NQ) 2021-08-043DP Odds Table (NDX) 2015-07-013DP Odds Table (NQ) 2023-04-19
As Featured In
Nasdaq 100 Apr 27 to May 01 Outlook
Lawrence’s Comment
NQ gap and go right from the start of the week to clear the strong resistance of Y-0 and filled the open gap above. This led to retest of Y+1 and eventual breakout to Y+2 and above. Closed the week above Y+2 and near week high.
Outlook
Blow off run in the making, can mean slow drift up further until Y+3 normal surprise breakout target. B+1 turning into resistance will give us a pullback to at least filling the open gap below.
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