Recap Breached Y+1 early in the week telling us Y+2 in play. Pulled back around 15 points (not quite the 20 points from expectation), then zoom up to target. Pulled back 15 points and closing the week by rallied back to the high.
Outlook 2nd week range contraction making price projections all piled up within 50 points area from 2360 to 2410. Could be a daily level turning point in the making but not necessary turning down. A break below B-1 implies B-3 in play. A break above B+1, however, implies 1st target of B+3 and next at B+5.
Did it again. I promised myself not to pull anymore all nighters yet I did it again. My research clearly told me that the advantage of riding trades from ...
Lawrence's Comment
Recap
Did not comment on euro last week due to technical issues with the post not added proper. Y+1 acted as resistance leading to a quick break below ...
Lawrence's Comment
Recap
Sudden reversal as expected. Breaking below Y-0 gave us Y-1. 100% absolute range expansion stopped the drop and another sudden reversal by US NFP report. Closed the week below ...
Nasdaq 100 Feb 21 to Feb 25 Outlook
Lawrence’s Comment
Breached Y+1 early in the week telling us Y+2 in play. Pulled back around 15 points (not quite the 20 points from expectation), then zoom up to target. Pulled back 15 points and closing the week by rallied back to the high.
Outlook
2nd week range contraction making price projections all piled up within 50 points area from 2360 to 2410. Could be a daily level turning point in the making but not necessary turning down.
A break below B-1 implies B-3 in play.
A break above B+1, however, implies 1st target of B+3 and next at B+5.
Share