Recap Going higher as expected. Consolidated around Y+1 at 50% previous week range. Zoomed up to upside target of Y+2 by end of week. Closed the week near week high and Y+2.
Outlook Gaps all over the place. Probability favours B-0 to be tagged some time next week.
As long as B-0 acts as support, new high likely next week.
Overview
Emini overnight range 2132.75 to 2153.50 (at 9:00 am)
Overnight Midpoint 2143.00
Previous Week Close 2120.50
Battleplan for the Day
(premium member only content below)
Nasdaq 100 Aug 06 to Aug 10 Outlook
Lawrence’s Comment
Going higher as expected. Consolidated around Y+1 at 50% previous week range. Zoomed up to upside target of Y+2 by end of week. Closed the week near week high and Y+2.
Outlook
Gaps all over the place. Probability favours B-0 to be tagged some time next week.
As long as B-0 acts as support, new high likely next week.
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