Recap NQ was the near normal one with reduced range and drift like moves. One thing notable is that Google and Amazon has significant negative impact on NQ yet NQ did not drop much relatively speaking. Closed the week above Y-0 and midpoint.
Outlook Inside week with Y-0 and midpoint close to each other implies indecision. So 2-way play with B+1 and B-1 boundaries both could be tagged this coming week.
Lawrence's Comment
Recap
Rejected Y-1 in the beginning of the week with Y-0 failed to act as resistance hinted that Y+1 was going to be challenged. The breakout to the ...
Lawrence's Comment
Recap
Monday gapped below critical support which then turned into resistance. Trend sell all week until 200% aboslute range expansion was reached. Closed the week below Y-5 and at week ...
Lawrence's Comment
Recap
As explained last week, Dow was locked in range and it happened again. Y+1 resistance sent Dow straight back down to Y-0 and stuck there. Closed the week near ...
Nasdaq 100 Dec 08 to Dec 12 Outlook
Lawrence’s Comment
NQ was the near normal one with reduced range and drift like moves. One thing notable is that Google and Amazon has significant negative impact on NQ yet NQ did not drop much relatively speaking. Closed the week above Y-0 and midpoint.
Outlook
Inside week with Y-0 and midpoint close to each other implies indecision. So 2-way play with B+1 and B-1 boundaries both could be tagged this coming week.
Share