Trading Edges That Last
- You May Also LikeFor more information about this report please refer to the Market Bias Informant pageREAD MOREESNQAH High2468.255933.75AH Mid2467.255927.25AH Low2466.255920.75READ MORE
Lawrence's Comment Recap Y-0 resistance gave us a drop below Y-1. Down channel bottom acted as support again allowing Aussie drift back up. 2nd test of Y-0 resistance did not clear it ...READ MORELawrence's Comment Recap ES sold off as expected from slightly higher high above Y+1. What was not expected was that Y-2 was not tagged. Closed the week below midpoint and Y-0 Outlook Outside down ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREPrecog Vision – US Indices 2012-6-12Weekly Cycle Projection (NDX) 2013-04-15USDCAD Nov 12 to Nov 16 Outlook3DP Odds Table (NDX) 2017-11-06US Market Pre-Open 2017-7-253DP Odds Table (NDX) 2022-09-19AUDUSD May 05 to May 09 OutlookReal-time Commentaries 2012-6-22S&P 500 Apr 08 to Apr 12 OutlookPrecog Vision – US Indices 2015-10-1
As Featured In
Nasdaq 100 Dec 21 to Dec 25 Outlook
Lawrence’s Comment
4500 support mentioned last week gave us a run back up all the way to Y-0 and FOMC decision helped to push NQ towards the former parking zone at 4680. Option expiration sent NQ back down to below Y-1. Closed the week below Y-1 and midpoint.
Outlook
More downside in store. Holiday mode trading means thin volume and very slippery price actions. I will not be surprised to see NQ going as low as below 4400 by Christmas Eve.
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