Recap More upside as expected with first 40 points pullback in place too. The distribution signs mentioned last week played out well as Google earning disappointment is obviously something expected. Closed the week below midpoint and above Y-0.
Outlook NQ has a confirmed break of the uptrend. B-0 should act as resistance for NQ to go lower to fill the gap below B-2. This is not the start of a major selloff, yet.
Lawrence's Comment
Recap
Just like the other indices, NQ has pulled full one of its strongest rallies in recent years. But there was no wild swings at all. It like ...
Lawrence's Comment
Recap
Note: Somehow the post for last week is missing from the database.
Consolidation week at 50% previous week range. Closed the week near Y-0 and below midpoint.
Outlook
3rd week ...
Nasdaq 100 Jul 22 to Jul 26 Outlook
Lawrence’s Comment
More upside as expected with first 40 points pullback in place too. The distribution signs mentioned last week played out well as Google earning disappointment is obviously something expected. Closed the week below midpoint and above Y-0.
Outlook
NQ has a confirmed break of the uptrend. B-0 should act as resistance for NQ to go lower to fill the gap below B-2. This is not the start of a major selloff, yet.
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