Trading Edges That Last
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Lawrence's Comment Recap Y+1 rejected with a clean drop below Y-1. End of week shock from BOJ stopped the downward move somehow without expanding to Y-2. Closed the week near Y-1 and ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREESNQAH High3967.0011760.50AH Mid3960.0011737.00AH Low3953.0011713.50READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREESNQAH High2579.006219.50AH Mid2577.886216.63AH Low2576.756213.75READ MORELawrence's Comment Recap Euro refused to go lower in the beginning of the week and challenged Y-0. Failed to clear Y-0, euro started its move to go down to the 1.32 long ...READ MOREGBPUSD Nov 03 to Nov 07 OutlookHot n Cold (NDX) 2020-5-29Hot n Cold (NQ) 2020-10-30Intraday Cycle Projection (NDX) 2012-09-28Precog Vision – US Indices 2021-4-30US Market Pre-Open 2022-11-18Hot n Cold (NDX) 2013-6-14Precog Vision – US Indices 2021-3-2US Market Pre-Open 2017-10-30EURUSD Feb 25 to Mar 01 Outlook
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Nasdaq 100 Aug 01 to Aug 05 Outlook
Lawrence’s Comment
3 pushes top then freefall to test and then fill the gap below. Violent swings too. Closed the week below midpoint but higher than Y-1.
Outlook
Definitely not as bearish as Dow. The bottom can also be read as potential 3 pushes down if NQ flushes down to a slightly lower low against B-1 and bounce off.
Unless NQ trading significantly lower than B-1 and then failed to rally above B-1, I would not be very bearish on NQ at all.
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