Trading Edges That Last
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Lawrence's Comment Recap Previous week close acted as support all week making the consolidation higher than usual. Closed the week above Y+1 and midpoint. Outlook An up channel has developed. A break above B+1 ...READ MOREWeekly Cycle Projection (NDX) 2012-11-05US Market Pre-Open 2012-3-13Real-time Commentaries 2015-2-27USDJPY Nov 08 to Nov 12 OutlookHot n Cold (NDX) 2011-12-7Precog Vision – US Indices 2015-4-2Real-time Commentaries 2019-3-13EURUSD Feb 24 to Feb 28 OutlookIntraday Cycle Projection (NQ) 2019-03-27Intraday Cycle Projection (NDX) 2016-11-18
As Featured In
Nasdaq 100 Jan 06 to Jan 10 Outlook
Lawrence’s Comment
Pullback started right after a failed test of Y+1. A rare double top pattern created with Y-2 target after New Year. Closed the week below Y-1 and near week low.
Outlook
Downside target of Y-2 should be reached early this week. This will close the open gap but not a strong support zone to stop the selloff. B-2 / 3500 is next logical downside target.
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