Recap Surprise upside breakout gave us Y+3 target. It was reached mid week and as more shorts are trapped, an all out squeeze sent NQ up to Y+5. Closed the week near Y+5 and week high.
Outlook Huge gaps left behind points to instability. 2-way swings expected with deep pullback to B-0 possible.
Lawrence's Comment
Recap
Multiple news shock since the beginning of the week has sent euro higher all week. The normal range expansion target of Y+3 was tagged by the close of ...
Nasdaq 100 Jul 20 to Jul 24 Outlook
Lawrence’s Comment
Surprise upside breakout gave us Y+3 target. It was reached mid week and as more shorts are trapped, an all out squeeze sent NQ up to Y+5. Closed the week near Y+5 and week high.
Outlook
Huge gaps left behind points to instability. 2-way swings expected with deep pullback to B-0 possible.
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