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
Cosolidated in Y-0 to Y+1 as expected. Then news shock came and a squeeze took the pair up to Y+3. Stalled from there since. Closed the week near Y+2 ...
Lawrence's Comment
Recap
Was looking for a pullback to Y-0 for confirmation of the strength of the rally. That turned into a full scale selloff. Interesting that it closed at right ...
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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