Trading Edges That Last
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Lawrence's Comment Recap Y+1 cleared invalidating the bearish bias. Y+2 tagged quickly right after. Measured target from 4 weeks ago reached by the end of the week. Closed the week above Y+2 ...READ MORELawrence's Comment Recap Consolidation week at 50% range. 1780 magic #. Due to overnight news shock all week, we observed surprise breakout plays almost everyday last week. Yet, S&P was still bounded ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORELawrence's Comment Recap ES pushed into Y+1 and Y+2 zone as expected. So far no sign of reversal though. Closed the week near Y+2 and above midpoint. Outlook Test of B+1 will ...READ MOREWeekly Cycle Projection (NDX) 2022-10-17Real-time Commentaries 2021-10-29Real-time Commentaries 2017-7-12Real-time Commentaries 2014-4-25S&P 500 Jul 07 to Jul 11 OutlookEURUSD Jul 25 to Jul 29 OutlookS&P 500 Feb 03 to Feb 07 OutlookPrecog Vision – US Indices 2016-5-13Hot n Cold (NQ) 2016-6-3S&P 500 Jul 25 to Jul 29 Outlook
As Featured In
Nasdaq 100 May 16 to May 20 Outlook
Lawrence’s Comment
NQ attempt Y+1 and produced a FBO on daily. This gives us Y-1 target. NQ sold off to 100% absolute range and tried to bounce. Closed the week below Y-0 and near week low.
Outlook
Y-0 / B-0 strong resistance until proven otherwise. Breaking below Y-0 points to very steep sell off in the making as there is no support on monthly below this 4300 zone until 4200 and below.
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