Trading Edges That Last
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Lawrence's Comment Recap Y-1 acted as support. Bounced back up to Y-0 and found resistance. Dropped to equal distance below previous week close. Closed the week near Y-1 and below midpoint. ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREReal-time Commentaries 2017-7-27USDCAD Oct 19 to Oct 23 OutlookHot n Cold (NQ) 2012-4-263DP Odds Table (NDX) 2022-04-21GBPUSD Jul 31 to Aug 04 Outlook3DP Odds Table (NQ) 2019-07-19Hot n Cold (NQ) 2012-5-73DP Odds Table (NQ) 2022-04-14Intraday Cycle Projection (NQ) 2012-09-27Precog Vision – US Indices 2020-7-9
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Nasdaq 100 Nov 10 to Nov 14 Outlook
Lawrence’s Comment
NQ was the index out of the three that played nice as it followed the normal consolidation behaviour instead of charging higher. Closed the week below Y+1 and above midpoint.
Outlook
Consolidation after strong run often leads to retest of the high. Hence B+1 is in play. Should the test fail, NQ will be forced back down to Y-0 easily.
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