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Lawrence's Comment Recap Consolidation week. Failed to take out Y-0 in beginning of the week gave us a flush below Y-1. Yet quickly bottom out and popped above Y-0. Closed ...READ MORELawrence's Comment Recap Retest of Y+1 as expected. Failed to clear it, gave us consolidation above Y-0. Closed the week above Y-0 and near midpoint. Outlook Inside week and extreme tight range. Breakout play ...READ MOREIntraday Cycle Projection (NQ) 2017-01-193DP Odds Table (NDX) 2019-01-18USDCAD Jun 25 to Jun 29 Outlook3DP Odds Table (NDX) 2021-12-28Hot n Cold (NDX) 2012-6-28Intraday Cycle Projection (NDX) 2011-05-053DP Odds Table (NDX) 2021-01-11Intraday Cycle Projection (NDX) 2013-05-09GBPUSD Apr 28 to May 02 OutlookReal-time Commentaries 2018-10-22
As Featured In
Nasdaq 100 Dec 30 to Jan 03 Outlook
Lawrence’s Comment
NQ gapped higher to start the week. Clearing the resistance right off the start gave it a bullish bias to push higher. Lack of volume reduced the volatility. Closed the week above Y+1 and near midpoint.
Outlook
Tight range week, no volume and left a rare open gap on weekly. This is bearish and implies a pullback to Y+1 is likely within a week or two. Since it is year end next week, I suspect that the pullback will be delayed to the one right after.
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