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Lawrence's Comment Recap Aussie held previous week close and then bounced back up to resistance zone / channel top. Channel top confirmed as resistance with Y-1 in play. Y-0 resumed its role ...READ MORELawrence's Comment Recap Y+1 did not act as resistance. Euro simply zoomed thru it and that it turns into support. That gave us Y+2 and above as target. Euro zoomed higher above ...READ MOREESNQAH High2687.506450.25AH Mid2686.136446.63AH Low2684.756443.00READ MOREReal-time Commentaries 2020-4-22AUDUSD Nov 09 to Nov 13 OutlookEURUSD Sep 16 to Sep 20 OutlookReal-time Commentaries 2016-12-28Real-time Commentaries 2020-9-22Real-time Commentaries 2024-1-12Intraday Cycle Projection (NDX) 2012-10-03Hot n Cold (NDX) 2015-8-28US Market Pre-Open 2017-12-293DP Odds Table (NQ) 2013-08-28
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Nasdaq 100 Jul 25 to Jul 29 Outlook
Lawrence’s Comment
Essentially rallied the whole week as expected. Rallied from Y-1 to Y+2 target. Made new high for the year by close.
Outlook
Weekly new high for the year on close is very bullish signal. It points to buying all pullbacks until we get a blowoff top.
The catch, as stated in the comments for Dow, is that if US officials disappoint the world by really doing the right thing to cut its deficit and tax more, the US stock market will crash down hard. Key level is B-0. If it turns into resistance, it can send NQ down to B-1. If B-1 breaks and close below that on weekly basis, NQ will face a potential selloff 1st target at 2250.
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