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Lawrence's Comment Recap Consolidation as expected. 50% previous week range around Y-0. Closed above Y-0 and midpoint. Outlook As mentioned last week, "it looks like weekly level pullback but should be treated as consolidation". ...READ MOREESNQAH High1405.252634.25AH Mid1401.252628.63AH Low1397.252623.00READ MOREContent Review Euro Down Trend Resumed S&P Breadth Readings Continue To Deteriorate Gold Weekly ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREPrecog Vision – US Indices 2016-9-8USDJPY Jul 22 to Jul 26 OutlookUS Market Pre-Open 2012-11-26Intraday Cycle Projection (NDX) 2015-06-03MBO Issue 42 (Jun 2015) Neutralization of StopPrecog Vision – US Indices 2012-9-6GBPUSD Jan 07 to Jan 11 OutlookPrecog Vision – US Indices 2012-6-28Intraday Cycle Projection (NDX) 2022-01-24Real-time Commentaries 2011-4-19
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Nasdaq 100 Jul 11 to Jul 15 Outlook
Lawrence’s Comment
Sharp pullback in the beginning of the week fulfilled the minimal pullback expectation. Pre-Brexit weekly close support sent NQ straight up. 50% absolute range expansion reached. Closed the week above Y+1 and near week high.
Outlook
B-0 / Y+1 now support until proven otherwise. Not a stable trend so far as it is mainly driven by short squeeze. How things unfold above B+1 / B+2 zone will tell us if this rally has legs.
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