Trading Edges That Last
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Lawrence's Comment Recap Rallied to Y-0 early in the week forming a bear flag. Sold off once the bear flag was broken to tbe downside. Y-2 target area reached but not ...READ MOREESNQAH High4102.5012934.75AH Mid4096.1312919.13AH Low4089.7512903.50READ MORELawrence's Comment Recap 2-way play as expected. Y-0 resistance sent price down to near Y-1 and took off from there back up to equal distance from previous week close. Closed the week ...READ MORELawrence's Comment Recap Attempted to hold Y-1 earlier in the week leading to a pop higher back up to Y+1. Closed the week above Y-0 and midpoint. Outlook Consolidation actions indicate indecision. ...READ MORES&P 500 Nov 12 to Nov 16 OutlookEURUSD Jun 20 to Jun 24 OutlookUS Market Pre-Open 2022-8-3Real-time Commentaries 2016-10-5Intraday Cycle Projection (NQ) 2012-05-07USDCAD Mar 09 to Mar 13 OutlookAUDUSD Jan 25 to Jan 29 Outlook3DP Odds Table (NDX) 2020-08-103DP Odds Table (NQ) 2014-09-17Intraday Cycle Projection (NQ) 2020-03-18
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Nasdaq 100 Sep 03 to Sep 07 Outlook
Lawrence’s Comment
Spike and ledge continues. NQ stopped stone cold at the ledge top in first half of the week and then dropped to test the ledge bottom Y-1 and bounced. Closed the week at midpoint.
Outlook
Last week is also month end. Locking the close at midpoint of the week is very common. So no new clues for us this past week.
Spike and ledge pattern still in force and is actually stronger as the ledge has extended for a week.
A break of B-1 (spike and ledge breakdown) points to B-3 as 1st target.
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