Trading Edges That Last
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Lawrence's Comment Recap As expected, a rally above Y-0 led to tagging of Y+1. That, however, failed to hold above Y-0 as support for any further upside. Closed the week below ...READ MOREUS Market Pre-Open 2019-8-213DP Odds Table (NDX) 2021-02-19Hot n Cold (NDX) 2022-6-10Hot n Cold (NQ) 2011-6-23US Market Pre-Open 2012-12-18Precog Vision – US Indices 2021-5-20Intraday Cycle Projection (NDX) 2016-07-05Precog Vision – US Indices 2016-7-19Nasdaq 100 Jun 27 to Jul 01 OutlookWeekly Cycle Projection (NDX) 2023-05-02
As Featured In
Nasdaq 100 May 02 to May 06 Outlook
Lawrence’s Comment
NQ failing to clear the open gap above earlier in the week confirmed NQ being the weakest among the indices. Downside target of Y-2 and Y-3 tagged in stair step drop fashion. Closed the week below Y-2 and midpoint.
Outlook
More downside likely with complex pullback in between. Y-2 / B-0 test is normal but not necessary.
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