Trading Edges That Last
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Lawrence's Comment Recap Normal scenario unfolder. Y-0 acted as support with Y+1 not acting as resistance. Paved way to Y+2 and materialized later in the week. Closed the week above Y+2 and ...READ MOREUS Market Pre-Open 2014-4-16Weekly Cycle Projection (NQ) 2018-12-10USDJPY Apr 13 to Apr 17 OutlookPrecog Vision – US Indices 2013-3-19US Market Pre-Open 2012-5-16Real-time Commentaries 2011-8-17Real-time Commentaries 2022-7-21Precog Vision – US Indices 2011-9-153DP Odds Table (NQ) 2021-02-05USDCAD Dec 15 to Dec 19 Outlook
As Featured In
Nasdaq 100 Jun 04 to Jun 08 Outlook
Lawrence’s Comment
Nasdaq has a cleaner failed breakout than Dow early in the week. Yet it did not drop to Y-1 at all, until euro zone news shock sending dip buyers into panic mode. Closed the week at the low.
Outlook
An oddly shaped trend sell week. That points to high probability of at least 20-25% range expansion to the downside.
Government intervention looming.
Daytrading probably better than swing trading this week as we cannot tell what the officials may do to shock the markets again.
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