Trading Edges That Last
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Lawrence's Comment Recap Up drift all week back to the crime screne after previous week close defended. Closed the week above Y-0 and midpoint. Outlook Inside week like the other majors. Bear ...READ MORELawrence's Comment Recap Y-0 support sent NQ up above Y+1 but it fails to hold above that which led to sell off back down to Y-0 and below. Y-0 was cleared quickly ...READ MOREESNQAH High4151.2512951.75AH Mid4147.2512936.25AH Low4143.2512920.75READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREPrecog Vision – US Indices 2023-2-10Precog Vision – US Indices 2016-10-13USDJPY Mar 28 to Apr 01 OutlookIntraday Cycle Projection (NQ) 2017-01-27Intraday Cycle Projection (NDX) 2012-06-083DP Odds Table (NQ) 2015-04-02Real-time Commentaries 2017-4-12Nasdaq 100 Aug 10 to Aug 14 OutlookUS Market Pre-Open 2022-8-23Precog Vision – US Indices 2018-9-12
As Featured In
Nasdaq 100 Jun 27 to Jul 01 Outlook
Lawrence’s Comment
Brexit week NQ headed for Y+1 first, setting the stage for the collapse down to Y-3. No surprise at all. Initial reaction after Brexit on Friday open even tagged Y-1 perfectly to set up the sold off into close. Closed the week below Y-2 and near week low.
Outlook
More downside expected. Extreme volatility in the making. Margin hikes reported everywhere. Day traders should trade with caution as central banks and G7 may use sudden announcements to trap the shorts and force a short term bottom.
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