Recap Similar to Dow, NQ found support at Y-0 and started another leg higher until Y+2 was tagged. Following the exact same pattern as Dow, NQ pullback to Y+1 to wait for NFP. Closed the week above Y+1 and midpoint.
Outlook Test of B+1 fails will lead to a drop back down to B-1 and in turn breaking B-2 will also be likely.
Lawrence's Comment
Recap
Pullback to Y-0 support and took off. Upside target Y+2 not tagged yet. Closed the week above Y+1 and near week high.
Outlook
Y+2 still in play. FBO against ...
Overview
Emini overnight range 2074.00 up to 2091.50 (at 9:00 am)
Overnight Midpoint 2082.75
Previous Day Mid 2082.00
Emini S&P is now trading at the bottom part of its range with ...
Nasdaq 100 Nov 09 to Nov 13 Outlook
Lawrence’s Comment
Similar to Dow, NQ found support at Y-0 and started another leg higher until Y+2 was tagged. Following the exact same pattern as Dow, NQ pullback to Y+1 to wait for NFP. Closed the week above Y+1 and midpoint.
Outlook
Test of B+1 fails will lead to a drop back down to B-1 and in turn breaking B-2 will also be likely.
Share