Recap Bearish expectation played out nicely. NQ simply failed to clear previous week close and dropped from there back down to Y-0. Once Y-0 is cleared, it turned into all out sell off down to below Y-1. NQ finally found support near last daily swing low and bounced. Closed the week near Y-0 and below midpoint.
Outlook Wide range sell off points to consolidation play this week. 50% range likely and stuck between B-0 and B-1 also likely.
Lawrence's Comment
Recap
The resistance zone was not even tested and ES simply gapped down and slide to Y-2 before its first paused. Failing again to fill the gap above to ...
Lawrence's Comment
Recap
Double news shock. First one sending the pair higher but it failed to stay above Y+1. Second one dropping the pair below Y-0 yet failed to keep it ...
Nasdaq 100 Mar 30 to Apr 03 Outlook
Lawrence’s Comment
Bearish expectation played out nicely. NQ simply failed to clear previous week close and dropped from there back down to Y-0. Once Y-0 is cleared, it turned into all out sell off down to below Y-1. NQ finally found support near last daily swing low and bounced. Closed the week near Y-0 and below midpoint.
Outlook
Wide range sell off points to consolidation play this week. 50% range likely and stuck between B-0 and B-1 also likely.
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