Trading Edges That Last
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Lawrence's Comment Recap Pushed towards Y+1 as expected. Then news shock sending cable back down to Y-1. Yet Y-1 acted as support and forced cable to approach Y+1 again. Outlook A test ...READ MORENasdaq 100 Jul 16 to Jul 20 OutlookIntraday Cycle Projection (NDX) 2020-04-083DP Odds Table (NDX) 2013-12-123DP Odds Table (NQ) 2015-08-053DP Odds Table (NDX) 2016-04-22Real-time Commentaries 2020-4-13Hot n Cold (NDX) 2011-4-11Intraday Cycle Projection (NDX) 2019-07-25GBPUSD Nov 14 to Nov 18 OutlookReal-time Commentaries 2012-7-31
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Nasdaq 100 Dec 22 to Dec 26 Outlook
Lawrence’s Comment
NQ was the odd one out as it kept dropping due to the selloff in Google and Apple. After 3 pushes down and 100% absolute range expansion, NQ found its support near Y-3 and zoomed back up. The gap above Y-1 created a squeeze to equal distance above Y-1. Closed the week above Y-0 and near week high.
Outlook
Many shorts are trapped and they are now the eager buyers. Strong support below Y-0 down to Y-1. Holiday mode with high volatility is a formula for big range and fake outs.
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