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Lawrence's Comment Recap The weaknesses observed last week played out well and cable dropped below target Y-1. After 100% absolute range expansion is completed, cable bounced off and closed the ...READ MOREESNQAH High2014.254138.50AH Mid2013.254135.50AH Low2012.254132.50READ MOREESNQAH High2030.504237.50AH Mid2020.004213.38AH Low2009.504189.25READ MORELawrence's Comment Recap As mentioned last week, Y-1 rejected points to down trend invalidated. So this week we got a run back up to Y+1 to see if the other boundary can ...READ MOREIntraday Cycle Projection (NDX) 2021-09-07GBPUSD Jan 02 to Jan 06 OutlookGBPUSD May 25 to May 29 OutlookS&P 500 Nov 12 to Nov 16 OutlookUS Market Pre-Open 2015-1-19Intraday Cycle Projection (NQ) 2021-07-20US Market Pre-Open 2014-12-12Hot n Cold (NQ) 2011-10-11Intraday Cycle Projection (NQ) 2017-06-01GBPUSD Jan 27 to Jan 31 Outlook
As Featured In
Nasdaq 100 Feb 10 to Feb 14 Outlook
Lawrence’s Comment
Bearish bias worked out. Y-1 tagged first thing for the week. Struggled around Y-1 and eventually tagged Y-2 as well. NQ found strong buying from there back up to Y-1. Squeeze started on Thursday sending NQ back up to right below Y-0 and then NFP report sent NQ straight up to above Y+1. Closed the week above Y+1 and near week high.
Outlook
NQ weekly down trend broken. Support at B-0 down to Y-1. Wide range week points to consolidation around B+1.
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