Trading Edges That Last
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There are all sorts of myths and wrong understandings about the Emini S&P gaps being spread everywhere in the trading world. Without careful study of the gaps, many traders choose ...READ MORELawrence's Comment Recap Rallied to Y+2. As if hitting a brick wall, euro made a hard turn and dropped back to Y+1 and then broken down to retest Y-1. Closed the ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREReal-time Commentaries 2012-11-9Master Emini S&P Gap Trading Techniques3DP Odds Table (NQ) 2014-05-29EURUSD Dec 10 to Dec 14 OutlookWeekly Cycle Projection (NDX) 2015-06-15Precog Vision – US Indices 2020-12-293DP Odds Table (NDX) 2020-02-06Weekly Cycle Projection (NDX) 2020-11-16Intraday Cycle Projection (NDX) 2012-02-20Intraday Cycle Projection (NQ) 2019-01-18
As Featured In
Nasdaq 100 Aug 10 to Aug 14 Outlook
Lawrence’s Comment
Y-0 support sent NQ up above Y+1 but it fails to hold above that which led to sell off back down to Y-0 and below. Y-0 was cleared quickly leading to Y-1 test. Y-1 was breached. Closed the week below Y-0 and midpoint.
Outlook
Outside week with down close still within the range is bearish but not weak enough to give us clean signal for a breakdown play. NQ may need to bounce back up to Y-0 / B-0 zone for a retest before going lower.
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