Trading Edges That Last
- You May Also LikeFor more information about this report please refer to the Market Bias Informant pageREAD MOREESNQAH High3007.007898.50AH Mid3004.007888.38AH Low3001.007878.25READ MOREReal-time Commentaries 2020-8-21Precog Vision – US Indices 2012-10-15EURUSD Oct 05 to Oct 09 OutlookUS Market Pre-Open 2019-9-173DP Odds Table (NDX) 2011-11-14Nasdaq 100 Nov 04 to Nov 08 OutlookHot n Cold (NDX) 2012-5-10Real-time Commentaries 2018-6-29Real-time Commentaries 2013-2-203DP Odds Table (NDX) 2012-03-27
As Featured In
Nasdaq 100 Oct 08 to Oct 12 Outlook
Lawrence’s Comment
NQ did not follow Dow going all wild to the upside in the beginning of the week. It was the normal one last week. Failed to push above Y-0 in beginning of the week gave way to gap fill below (right above Y-1). As Dow took off, NQ was dragging back up and eventually tested the resistance zone mentioned last week. NQ was rejected by the resistance and sold back down. Closed the week below midpoint and Y-0.
Outlook
Inside week. Same midpoint. Closed near midpoint. Very strong breakout structure in place. Slight bias for the short side as that is current trend on daily at the moment. Downside target B-3 and below once we get a clean break.
Share