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Lawrence's Comment Recap NQ dropped initially as expected but it failed to tag Y-2 and a forced FBO led to a quick run above Y+1. Yet, NQ could not stay above Y+1 ...READ MORELawrence's Comment Recap As expected yen is too weak for any upside push. Closed the week at midpoint. Outlook No direction. Bias towards another test of low from August since upside is rejected ...READ MORENasdaq 100 Mar 13 to Mar 17 OutlookNasdaq 100 Jun 01 to Jun 05 OutlookReal-time Commentaries 2018-1-18Intraday Cycle Projection (NQ) 2013-01-02Intraday Cycle Projection (NQ) 2013-10-29USDJPY Sep 05 to Sep 09 Outlook3DP Odds Table (NQ) 2013-11-29USDCAD Mar 25 to Mar 29 Outlook3DP Odds Table (NDX) 2022-06-093DP Odds Table (NDX) 2016-07-11
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Nasdaq 100 Jan 30 to Feb 03 Outlook
Lawrence’s Comment
Sold off in the beginning of the week at retest of Y+1 as expected. Yet the earning reports during the week shocked NQ thru the resistance leading to a quick tag of Y+2 before pulling back to Y+1 again. Closed the week above midpoint.
Outlook
News shocks help NQ cleared a major resistance area making it possible to go higher still.
Retest of B+1 resulting in a sell off will point to first target at B-2.
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