Trading Edges That Last
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Lawrence's Comment Recap Bearish pattern played out with Y-1 tagged. Violent reactions to Y-1 zone led to complete reversal making new high for the week. Closed the week near Y-0 and above ...READ MOREESNQAH High2096.754434.75AH Mid2095.754433.00AH Low2094.754431.25READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREPrecog Vision – US Indices 2011-9-293DP Odds Table (NDX) 2017-03-073DP Odds Table (NDX) 2015-10-23Nasdaq 100 Sep 05 to Sep 09 OutlookS&P 500 Jul 23 to Jul 27 OutlookUS Market Pre-Open 2016-7-4Weekly Cycle Projection (NQ) 2011-04-11Precog Vision – US Indices 2017-12-18Hot n Cold (NDX) 2020-10-233DP Odds Table (NDX) 2017-07-25
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Nasdaq 100 Sep 01 to Sep 05 Outlook
Lawrence’s Comment
Consolidation week. Centered around open in 50% previous week range. Found support at previous week close. Closed the week above Y+1 and near week high.
Outlook
Overbought by time. A pullback is due. Not necessary something major, just a quick drop back to Y-0 and then wait and see.
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