Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap Reduced range drifting. Closed above Y+1 and midpoint. Outlook As mentioned last week, a potential long term bottom in the making. The up drift last week is giving this pair more ...READ MORELawrence's Comment Recap Aussie consolidated around Y-0. Stop run happen to both sides. Closed the week near Y-0 and midpoint. Outlook Although gold has been strong last week, Aussie failed to follow. It is ...READ MORE3DP Odds Table (NDX) 2014-02-27USDCAD Apr 21 to Apr 25 Outlook3DP Odds Table (NQ) 2017-11-06Intraday Cycle Projection (NDX) 2015-09-29Real-time Commentaries 2013-10-253DP Odds Table (NDX) 2015-05-04Intraday Cycle Projection (NQ) 2021-08-05Real-time Commentaries 2018-5-15AUDUSD Mar 17 to Mar 21 OutlookWeekly Cycle Projection (NQ) 2020-10-12
As Featured In
Nasdaq 100 Mar 19 to Mar 23 Outlook
Lawrence’s Comment
NQ Y+1 did not act as resistance, and rallied 50% of previous week range and paused. After the Fed + JPM shock, NQ is propelled to Y+3 and completed the 100% upside range expansion target. Closed near the week high and Y+3.
Outlook
Consolidation to higher. Not all shorts have accepted defeat and not all shorts are monitoring the market in real-time. That will be potential fuel for NQ to run to the monthly target of 2750 if we do not get a significant pullback this week.
Only if B-0 is breached would a stronger pullback be possible.
Share