Lawrence's Comment
Recap
As expected ninja drifted higher towards to 102 boundary. Y+1 acted as support in midpoint selloff. Closed the week at week high and above Y+2.
Outlook
The up move is not ...
Lawrence's Comment
Recap
Gap down with Dow but testing the Y-0 zone only. Rallied since upto 100% absolute range expansion. As mentioned last week, we need a decisive break above Y+1 for ...
Nasdaq 100 Jan 16 to Jan 20 Outlook
Lawrence’s Comment
Congestion. Stuck at 50% week range around Y+1. Closed the week above Y+1.
Outlook
Way stronger comparing to Dow or S&P. Definitely bullish as Y+1 was defended.
Only way to send this lowered is that B+1 turning into resistance, thus creating a double top formation, or, if news can cause a quick drop below B-1.
In both cases, Y-0 is the downside target.
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