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Lawrence's Comment Recap Consolidation around previous week close at 50% range. End of week rally took Dow back up. Closed the week above Y-1 and midpoint. Outlook Consolidation week with up close ...READ MORELawrence's Comment Recap Dow held up at top zone around Y+1. Event driven breakout gave us 100% expansion off the tight range. Closed the week above Y+1 and midpoint. Outlook Test of ...READ MORE3DP Odds Table (NDX) 2013-11-14Dow 30 Aug 11 to Aug 15 OutlookIntraday Cycle Projection (NDX) 2016-01-15Weekly Cycle Projection (NDX) 2014-01-27Intraday Cycle Projection (NDX) 2013-08-063DP Odds Table (NQ) 2018-06-27Hot n Cold (NDX) 2018-6-22Dow 30 Aug 15 to Aug 19 Outlook3DP Odds Table (NQ) 2020-01-173DP Odds Table (NDX) 2018-06-26
As Featured In
Nasdaq 100 Dec 22 to Dec 26 Outlook
Lawrence’s Comment
NQ was the odd one out as it kept dropping due to the selloff in Google and Apple. After 3 pushes down and 100% absolute range expansion, NQ found its support near Y-3 and zoomed back up. The gap above Y-1 created a squeeze to equal distance above Y-1. Closed the week above Y-0 and near week high.
Outlook
Many shorts are trapped and they are now the eager buyers. Strong support below Y-0 down to Y-1. Holiday mode with high volatility is a formula for big range and fake outs.
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