Trading Edges That Last
- You May Also LikeFor more information about this report please refer to the Market Bias Informant pageREAD MORE
Lawrence's Comment Recap Aussie chose to range expand first towards Y+2 before pullback down to Y+1. Closed the week near Y+1 and below midpoint. Outlook V-reversal potential but not confirmed yet. Closing ...READ MORELawrence's Comment Recap Total breakdown since the start of the week. Tagged 2X previous week range and bounced on exhaustion. Closed the week at midpoint. Outlook Looking for short term bottom early ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREPrecog Vision – US Indices 2020-11-25AUDUSD Jun 13 to Jun 17 OutlookIntraday Cycle Projection (NDX) 2021-06-08EURUSD May 21 to May 25 OutlookReal-time Commentaries 2024-7-26Precog Vision – US Indices 2015-4-7Real-time Commentaries 2014-1-313DP Odds Table (NQ) 2022-08-123DP Odds Table (NDX) 2022-07-20Real-time Commentaries 2017-2-23
As Featured In
Nasdaq 100 Oct 05 to Oct 09 Outlook
Lawrence’s Comment
Couldn’t form a low early in the week above 4100 led to the expected stop hunt mentioned last week. Since then NQ gapped back up above 4100 and fought its way back up to challenge Y-1. NFP gave NQ the fuel needed to clear Y-1 and rushed back up to the crime scene. Closed the week below Y-0 and at week high.
Outlook
Very strong reversal formation in place on intraday basis but not on daily level. This means the run will be carried higher this week but may not be able to last. Above 4320 open gap zone if distribution is seen, we will get a drop back down to B-0 easily in coming weeks.
Share