Trading Edges That Last
- You May Also Like
Lawrence's Comment Recap As stated last week, "Early week buy setup above B-1 will send the pair back up to B-0 quickly". Did it but that's all we got. Closed ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORELawrence's Comment Recap Remember I said "it was confusing" last week? It is. The week started with a flush to Y-1 yet no breakdown. A test of Y-0 right after ...READ MOREESNQAH High2152.504579.25AH Mid2147.884564.75AH Low2143.254550.25READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREHot n Cold (NQ) 2013-7-26USDJPY May 28 to Jun 01 Outlook3DP Odds Table (NDX) 2022-07-29Precog Vision – US Indices 2015-12-313DP Odds Table (NDX) 2020-09-11Dow 30 Sep 10 to Sep 14 OutlookIntraday Cycle Projection (NQ) 2020-01-10Dow 30 Jan 15 to Jan 19 OutlookUS Market Pre-Open 2016-7-18Precog Vision – US Indices 2012-1-26
As Featured In
Nasdaq 100 Nov 07 to Nov 11 Outlook
Lawrence’s Comment
News shock sent NQ back down to Y-1 creating a huge gap above. But NQ has not breached Y-1 at all. The rest of the week was a fight to get back up to fill the gap. Closed the week at Y-0.
Outlook
One more gap above that is not taken care of around 2400. The problem with that is that it is also resistance area B+1. Tagging that early in the week means potential reversal back down quickly from there.
Breaking B-0 points to B-1.
Share