Recap Unlike Dow, NQ gave a strong performance last week and completed its upside break out target at Y+4 based on monthly. Closed the week near the high.
Outlook A pullback is due. Topping between B+1 to Y+5 will give us the potential downside target of B-0.
Decision will have to be made at B-0, depending on reaction at that price level.
Many traders love to know how to utilize various market breadth statistics to improve their trading. However, majority of the narratives out there are all guess work based on visual ...
Lawrence's Comment
Recap
Look at how Y-0 resistance depressing euro almost all week. End of week breakout cleared Y-0 finally. Closed the week above Y-0 and midpoint.
Outlook
Inside week, close above ...
Nasdaq 100 Jan 09 to Jan 13 Outlook
Lawrence’s Comment
Unlike Dow, NQ gave a strong performance last week and completed its upside break out target at Y+4 based on monthly. Closed the week near the high.
Outlook
A pullback is due. Topping between B+1 to Y+5 will give us the potential downside target of B-0.
Decision will have to be made at B-0, depending on reaction at that price level.
Share