Recap Consolidation week with very thin volume. 50% previous week range bounded the activities. Closed the week above Y+1 and midpoint.
Outlook Tight range week points to breakout mode in play. B+3 and B-3 are the targets. B-3 aligned with the open gap below is a strong magnet. See comments on Dow regarding the market breadth readings.
Everyone wants to know how to day trade Emini S&P with short stack (i.e. next to no money) but no one really offers any proper answer to the question. There ...
Lawrence's Comment
Recap
Cable failed to hold Y-1 as expected and dropped to the target zone mentioned last week. It failed to bounce above Y-1, hence the down trend continued until 100% ...
Nasdaq 100 May 25 to May 29 Outlook
Lawrence’s Comment
Consolidation week with very thin volume. 50% previous week range bounded the activities. Closed the week above Y+1 and midpoint.
Outlook
Tight range week points to breakout mode in play. B+3 and B-3 are the targets. B-3 aligned with the open gap below is a strong magnet. See comments on Dow regarding the market breadth readings.
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