Recap NQ did flushed and snap back up in the beginning of the week without tagging Y-2 but failed to clear week high on Wednesday thanks to various big firms coming out with extreme bearish outlook on the stock markets. This led to panic selling and extreme volatility into Friday close. Closed the week near Y-2 and below midpoint.
Outlook An unsual option expiration week means very messy price actions going into the week right after. NQ holding Y-3 will give us a test of B-0.
Lawrence's Comment
Recap
Wild swings continues as expected. Dow flushed pretty much straight down after failing to clear Y-0. 150% range expansion stopped the drop and gave us a bounce beyond majority ...
Lawrence's Comment
Recap
Ninja failed to hold its support. The door to Y-1 opened. 100% absolute range expansion ended the drop. Closed the week below Y-0 and midpoint.
Outlook
A shallow pullback turned into ...
Nasdaq 100 Jan 18 to Jan 22 Outlook
Lawrence’s Comment
NQ did flushed and snap back up in the beginning of the week without tagging Y-2 but failed to clear week high on Wednesday thanks to various big firms coming out with extreme bearish outlook on the stock markets. This led to panic selling and extreme volatility into Friday close. Closed the week near Y-2 and below midpoint.
Outlook
An unsual option expiration week means very messy price actions going into the week right after. NQ holding Y-3 will give us a test of B-0.
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