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
Pullback to Y-0 and then breaking down to below Y-1. Suport found underneath Y-1 and forced a bounce back up to Y-0. Closed the week below Y-0 and near ...
Recap of last week Breakout upside. First 50% upside target of previous week range worked out. The 50% upside target of previous month range was almost tagged and stalled ...
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.
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