Trading Edges That Last
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Lawrence's Comment Recap US dollar crushed Loonie last week. Instead of pulling back to Y-2 to Y-3 first for a proper bottom, Y-0 acted as support and forced a powerful squeeze to ...READ MOREEnd-of-day update: SPY reacted to the resistance zone and closed bearishly. Yet, the war is not over until Friday close. The down channel is adjusted off the high print ...READ MOREUS Market Pre-Open 2018-9-7US Market Pre-Open 2015-11-23US Market Pre-Open 2012-7-3US Market Pre-Open 2016-6-293DP Odds Table (NQ) 2018-05-303DP Odds Table (NQ) 2022-07-15USDCAD Aug 26 to Aug 30 OutlookSPY Reacted to Resistance Zone Dec 17, 20153DP Odds Table (NQ) 2015-12-21Weekly Cycle Projection (NDX) 2016-08-08
As Featured In
Nasdaq 100 Jan 11 to Jan 15 Outlook
Lawrence’s Comment
NQ gapped down to sell off target right off the start of the week. Long term channel support turned into resistance leading to trend sell all week. Closed the week below Y-5 and near week low.
Outlook
A flush down below B-1 and quick snap back without tagging B-2 points to a relief rally back up to B-0 and above.
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