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.
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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