Trading Edges That Last
- You May Also LikeESNQAH High2461.005898.50AH Mid2459.385890.88AH Low2457.755883.25READ MORE
Lawrence's Comment Recap Beautiful all week bear flag from the week before led to a gap down open near Y-1. Test of support below Y-1 produced a strong double bottom on 4 ...READ MOREESNQAH High2173.754785.00AH Mid2172.754782.88AH Low2171.754780.75READ MORELawrence's Comment Recap Went higher as expected. Tagged minimal upside target of Y+2 and then just stuck there. Closed the week near week high. Outlook If no news shock this weekend, NQ ...READ MOREUS Market Pre-Open 2017-7-193DP Odds Table (NDX) 2013-10-11AUDUSD Apr 20 to Apr 24 OutlookHot n Cold (NQ) 2013-7-19Intraday Cycle Projection (NDX) 2015-04-24Weekly Cycle Projection (NQ) 2012-06-043DP Odds Table (NDX) 2017-08-09US Market Pre-Open 2016-11-17Nasdaq 100 Aug 13 to Aug 17 OutlookIntraday Cycle Projection (NDX) 2023-01-12
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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