Lawrence's Comment
Recap
Gave us a beautiful reversal right off the start of the week with Y+2 target tagged with no heat. Y+1 support since. Ran straight up to Y+3 target before ...
Lawrence's Comment
Recap
NQ failing to clear the open gap above earlier in the week confirmed NQ being the weakest among the indices. Downside target of Y-2 and Y-3 tagged in stair ...
Nasdaq 100 Aug 01 to Aug 05 Outlook
Lawrence’s Comment
Previous week close support helped NQ pushing higher. 100% absolute range expansion completed. Closed the week above Y+2 and midpoint.
Outlook
NQ has been climbing higher with weakening breadth support. Once uptrend is broken, a steep pullback is likely with B-2 / Y-1 target.
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