Trading Edges That Last
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Lawrence's Comment Recap All week consolidation at around 50% previous week range. After NFP euro pushed higher back up to near Y-0. Closed the week below Y-0 and above midpoint. Outlook No strong directional ...READ MORELawrence's Comment Recap US dollar trashed, but the stock market did not hold up. The correlation had broken down. The most interesting thing from last week was the waterfall formation that ...READ MORELawrence's Comment Recap Euro formed an up channel and drifted higher all week to near Y+1. Channel breakdown led to flush back down to near Y-1. Closed the week below Y-0 and ...READ MOREESNQAH High1903.003688.00AH Mid1899.633681.38AH Low1896.253674.75READ MORE3DP Odds Table (NQ) 2015-11-30Weekly Cycle Projection (NQ) 2018-05-14Precog Vision – US Indices 2013-10-1Real-time Commentaries 2022-3-7EURUSD Jan 13 to Jan 17 OutlookDow 30 Aug 01 to Aug 05 Outlook3DP Odds Table (NDX) 2017-06-12EURUSD Feb 01 to Feb 05 OutlookUS Market Pre-Open 2014-5-263DP Odds Table (NQ) 2019-08-07
As Featured In
Nasdaq 100 Mar 26 to Mar 30 Outlook
Lawrence’s Comment
Unlike Dow, no strong pullback registered. As expected, NQ is the strongest of the 3 indices hence it consolidated around Y+1 area. Closed the week near week mid and Y+1.
Outlook
If there is no catalyst forcing NQ to drop suddenly and quickly, year high retest (B+1) is likely.
Failing to go higher after that will allow a bigger pullback to happen on weekly.
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