Recap As expected NQ pushed into Y+1 / Y+2 zone. Very quiet option expiration week though. Closed the week above Y+1 and midpoint.
Outlook Tight range levitation last week gives us a very powerful breakout setup. Both direction has about equal chance to happen so trade what you see, not what you think.
Lawrence's Comment
Recap
Whatever excuses the analysts pointing out that you can go long ninja last week are just excuses. They do not have a clue that the consolidation phase ...
Lawrence's Comment
Recap
Short squeeze triggered after ninja refused to go below Y-0 at all. Then normal upside expansion to Y+2 before it stopped. Closed the week near week high and below ...
Nasdaq 100 Jul 18 to Jul 22 Outlook
Lawrence’s Comment
As expected NQ pushed into Y+1 / Y+2 zone. Very quiet option expiration week though. Closed the week above Y+1 and midpoint.
Outlook
Tight range levitation last week gives us a very powerful breakout setup. Both direction has about equal chance to happen so trade what you see, not what you think.
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