Trading Edges That Last
- You May Also LikeFor more information about this report please refer to the Market Bias Informant pageREAD MOREESNQAH High4059.0012610.75AH Mid4050.8812584.13AH Low4042.7512557.50READ MOREESNQAH High2816.757409.50AH Mid2815.507403.38AH Low2814.257397.25READ MORE
Lawrence's Comment Recap A sell off out of nowhere thanks to jawboning by Fed officials. Y-1 breached but NQ recovered with a revenge rally back to challenge Y+1. That opened the door ...READ MORELawrence's Comment Recap My bullish view is proven correct. Y+1 was tested mid week and eventually taken out by end of the week. Closed the week above Y+1. Outlook Weekly and monthly ...READ MOREPrecog Vision – US Indices 2013-6-11Intraday Cycle Projection (ES) 2017-01-23ES Chart 2014-08-20Intraday Cycle Projection (SPY) 2016-03-31US Market Pre-Open 2022-8-293DP Odds Table (SPY) 2017-08-11US Market Pre-Open 2018-7-193DP Odds Table (ES) 2018-07-04Nasdaq 100 Jan 20 to Jan 24 OutlookDow 30 Feb 20 to Feb 24 Outlook
As Featured In
S&P 500 Aug 12 to Aug 16 Outlook
Lawrence’s Comment
Sold off early in the week with Dow leading to the downside. This time ES was influenced by Dow more than NQ. Back down to support ES bounced off and retested the resistance mentioned last week and failed to clear the resistance. Closed the week below midpoint and Y-0.
Outlook
ES is in breakout mode. Clearing B-0 will give us B+1 easily which depends heavily on NQ how strong it can stage a rally.
Normal price action points to holding below B-0 for a break of B-1 to tag B-2.
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