Trading Edges That Last
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Lawrence's Comment Recap Followed the down channel play and gave us a easy week. Closed the week above Y-1 and below midpoint. Outlook Down channels do not last. As long as B-0 acting as ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREESNQAH High2772.757083.25AH Mid2767.507065.13AH Low2762.257047.00READ MORELawrence's Comment Recap Dow coiled up on Monday led to attempt to clear Y+1 but failed. Y-0 not strong enough as support, gave way to more selling down below Y-1. Friday event ...READ MOREUSDJPY Dec 05 to Dec 09 OutlookUSDCAD Feb 17 to Feb 21 OutlookIntraday Cycle Projection (NQ) 2017-06-28Intraday Cycle Projection (NDX) 2021-01-27USDCAD Mar 14 to Mar 18 OutlookReal-time Commentaries 2015-8-27Precog Vision – US Indices 2018-5-3US Market Pre-Open 2018-3-14Intraday Cycle Projection (NDX) 2013-08-15Dow 30 Aug 29 to Sep 02 Outlook
As Featured In
Nasdaq 100 Oct 03 to Oct 07 Outlook
Lawrence’s Comment
Gapped below support zone to start the week but found support at the former breakout crime scene quickly. NQ surged higher and filled the weekly gap above. Resistance near previous week close forced NQ to test its support below once more. NQ took off from there and printed week high. Closed the week above Y-0 and midpoint.
Outlook
Inside week with bullish finish points to test of Y+1 likely. Breakout above will give us at least B+2.
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