Trading Edges That Last
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Lawrence's Comment Recap NQ zoomed higher to Y-0 and held there for the FOMC announcement. That alone opened the door to Y+1. Post announcement, NQ immediately tagged the target and by op-ex ...READ MORELawrence's Comment Recap All week bear flag drift up. Tagged resistance at Y-0 before NFP and sold off right after. Wild reaction at Y-1 and erased the drop. Closed the week below ...READ MORELawrence's Comment Recap 3 Pushes early in the week resulted in a snap back down to below Y+1 and triggered the FBO against Y+1. Tagged Y-0 by end of the week. Weak ...READ MOREUSDJPY Jul 29 to Aug 02 OutlookIntraday Cycle Projection (NQ) 2023-04-28Precog Vision – US Indices 2018-1-233DP Odds Table (NDX) 2014-09-10Intraday Cycle Projection (NDX) 2012-04-163DP Odds Table (NQ) 2019-10-10Nasdaq 100 Mar 23 to Mar 27 OutlookGBPUSD Jan 13 to Jan 17 OutlookS&P 500 Feb 10 to Feb 14 OutlookGBPUSD Aug 26 to Aug 30 Outlook
As Featured In
Nasdaq 100 Feb 02 to Feb 06 Outlook
Lawrence’s Comment
NQ failed to clear prior week close and collapsed back down to Y-0. Y-0 has been acting as resistance since and sent NQ down to Y-1. Y-1 support led to a bounce back up to Y-0 again. Closed the week below Y-0 and midpoint.
Outlook
Two way potential. IHS at the start of the week clearing 4200 quickly points to a reversal back up to Y+1. Continuation sell off down to B-1 will likely range expand to B-2. Very difficult week to trade given the wide decision range is involved.
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