Trading Edges That Last
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Lawrence's Comment Recap As expected, more upside resulted. Almost made it to 100% absolute range expansion. That is a very impressive push towards 13000. Outlook The rally is in melt up style implying ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORE3DP Odds Table (NQ) 2014-02-27Dow 30 May 02 to May 06 OutlookPrecog Vision – US Indices 2018-1-123DP Odds Table (NQ) 2018-12-18Precog Vision – US Indices 2022-7-6Precog Vision – US Indices 2019-4-30Real-time Commentaries 2017-9-12Real-time Commentaries 2024-5-23DP Odds Table (NQ) 2020-02-13Precog Vision – US Indices 2014-10-7
As Featured In
Nasdaq 100 Oct 06 to Oct 10 Outlook
Lawrence’s Comment
Gapped down to Y-1 to start the week. Y-0 acting as resistance as expected. The push above Y-0 failed to establish Y-0 as support and collapsed down to Y-1 and free fall until 150% week range was reached. Shorts were squeezed hard until NQ made 100% range. Closed the week below Y-0 and above midpoint.
Outlook
Increase in volatility was slammed back down through various leveraged means. That can stop NQ from dropping straight down but it cannot force NQ to go up. There is no upside for NQ unless we are getting lots of good earnings from the big techs which is impossible thanks to the surging of US dollar.
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