Notice NQ is struggling at channel mid for the past few days. The decision to go higher or stall from here is likely to be made when the FOMC Meeting Minutes is released this 2 pm.
Lawrence's Comment
Recap
Topped out in the beginning of the week and flushed down to my target below. But it did not stop there. NQ gapped down and flushed down to Y-5. ...
Nasdaq 100 at a Crossroad May 20, 2015
An update to the breakout chart I posted back on May 8.
Notice NQ is struggling at channel mid for the past few days. The decision to go higher or stall from here is likely to be made when the FOMC Meeting Minutes is released this 2 pm.
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