Recap Y-0 resistance sent NQ down to near Y-2 target mentioned last week. Worked out well but then rumors and news shock dominated the rest of the week. Closed the week near Y-0 and above midpoint.
Outlook See comments on Dow.
Step step sell off on daily in the making. As long as Y+1 / B+1 zone acting as resistance, the next take down will drop NQ down to B-3.
Lawrence's Comment
Recap
Got the retest I was looking for and dropped to support trend line like playing from a script. ES took off since and went straight up for Y+1. Closed ...
Lawrence's Comment
Recap
NQ lifted higher first right off the open, that limited the expected drop to Y-1 by magnitude as mentioned last week. Anyway multiple attempts to clear Y+2 failed and ...
Lawrence's Comment
Recap
78 tested and held very well the whole week. Closed the week bouncing off 78 and near week high.
Outlook
As long as B-0 acts as support, B+2 should ...
Nasdaq 100 Jul 13 to Jul 17 Outlook
Lawrence’s Comment
Y-0 resistance sent NQ down to near Y-2 target mentioned last week. Worked out well but then rumors and news shock dominated the rest of the week. Closed the week near Y-0 and above midpoint.
Outlook
See comments on Dow.
Step step sell off on daily in the making. As long as Y+1 / B+1 zone acting as resistance, the next take down will drop NQ down to B-3.
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