Trading Edges That Last
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Lawrence's Comment Recap 17000 round number support sparked a strong rally back up to 17700. Reactions to FOMC decision the day after were opposite to what most people expected. Beautiful drop back ...READ MORELawrence's Comment Recap Held close from the week before and run higher until 50% range reached. Consolidation / sideway actions all the way. Closed the week above Y+1 and below midpoint. ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MORE3DP Odds Table (NQ) 2017-04-18Hot n Cold (NQ) 2011-9-1Intraday Cycle Projection (NQ) 2015-01-05Real-time Commentaries 2015-6-22Real-time Commentaries 2020-6-18Real-time Commentaries 2015-7-13Dow 30 Dec 21 to Dec 25 OutlookUSDCAD Dec 22 to Dec 26 OutlookReal-time Commentaries 2020-1-22Precog Vision – US Indices 2011-4-26
As Featured In
Nasdaq 100 Sep 07 to Sep 11 Outlook
Lawrence’s Comment
Previous week close / Y+1 resistance sent NQ back down to Y-0. Y-0 support got NQ back up to fill the gap above. 4300 round number resistance sent NQ back down again. After NFP, NQ gap down but holding up well at the level before the extreme drop happened 2 weeks ago. Closed the week above Y-0 and below midpoint.
Outlook
There is no strong reason to move out of this 3900-4300 zone, yet. Until clear trend is established, NQ likely to flip-flop week after week this month.
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