Recap Right out of the gate. NQ tested Y-1 and rallied all the way back up to the resistance zone mentioned last week. Easy ride. Then it failed perfectly right there giving us a selloff all the way to Y-2, the downside target. Closed the week near Y-2 and week low.
Outlook Wish all weeks are like this.
Expect wild sideway swings with bearish bias towards tagging B-2.
Overview
Emini overnight range 2087.50 up to 2092.50 (at 8:50 am)
Overnight Midpoint 2090.00
Previous Day Close 2087.75
Emini S&P is now trading at the top part of its range with ...
Lawrence's Comment
Recap
Drifted near B-1 as mentioned last week. That led to a flush below Y-1. Yet news shock from euro zone changed its course and forced a reversal ...
Nasdaq 100 Oct 22 to Oct 26 Outlook
Lawrence’s Comment
Right out of the gate. NQ tested Y-1 and rallied all the way back up to the resistance zone mentioned last week. Easy ride. Then it failed perfectly right there giving us a selloff all the way to Y-2, the downside target. Closed the week near Y-2 and week low.
Outlook
Wish all weeks are like this.
Expect wild sideway swings with bearish bias towards tagging B-2.
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