Trading Edges That Last
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Lawrence's Comment Recap Consolidation around Y+1 with obvious weaknesses as more of the time was spent below Y+1. Closed the week below Y+1 and midpoint. Outlook Potential DT in the making as mentioned last ...READ MOREEmini S&P trades almost 24 hours a day, 5 days a week but it is separated into two trading sessions. The session Regular Trading Hours (RTH) is linked to the ...READ MOREDow 30 Sep 24 to Sep 28 OutlookIntraday Cycle Projection (NQ) 2017-02-243DP Odds Table (NQ) 2022-04-08USDJPY Apr 10 to Apr 14 OutlookIntraday Cycle Projection (NDX) 2018-01-18GBPUSD Jan 02 to Jan 06 OutlookNasdaq 100 May 14 to May 18 OutlookEURUSD Jan 21 to Jan 25 OutlookUnderstanding Emini S&P GapsHot n Cold (NDX) 2020-2-28
As Featured In
Nasdaq 100 Sep 24 to Sep 28 Outlook
Lawrence’s Comment
Consolidated around Y+1. It is expected since NQ just finished another squeeze up. Closed the week below Y+1 and near midpoint.
Outlook
As long as B-1 downto Y-0 acting as support, another push higher to B+2 is expected.
The consolidation is a sign that there are renew buying absorbing the distribution process.
I still see a major top in the making.
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