Recap Flushed to downside target as mentioned last week and the expected pause started. Sideway actions all week at 50% range. Closed the week near Y-1 and above midpoint.
Outlook Ledge at 30 min and higher timeframes points to continuation potential. Trend was down before entering the ledge. Breaking below B-1 will give us a slide down to B-3 and below.
Overview
Emini overnight range 1843.75 up to 1884.50
Overnight Midpoint 1864.00
Previous Week Low 1865.00
Emini S&P is now trading at the bottom part of its range with a gap down. ...
Nasdaq 100 Feb 15 to Feb 19 Outlook
Lawrence’s Comment
Flushed to downside target as mentioned last week and the expected pause started. Sideway actions all week at 50% range. Closed the week near Y-1 and above midpoint.
Outlook
Ledge at 30 min and higher timeframes points to continuation potential. Trend was down before entering the ledge. Breaking below B-1 will give us a slide down to B-3 and below.
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