Trading Edges That Last
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As Featured In
Nasdaq 100 Jan 12 to Jan 16 Outlook
Lawrence’s Comment
Volatility picked up as expected. Dropped to Y-3 and bounced. Zoomed back up to previous year close and have that taken care of. Closed the week near Y-1 and above midpoint.
Outlook
B-0 gap likely retested. Failing to hold above Y-2 will send NQ down to B-1 retest. Can be the start of a deeper correction until B+1 is breached.
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