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Lawrence's Comment Recap Consolidation actions around Y+1 as expected. Resistance mentioned last week stopped the push higher. FBO against Y+1 sent this straight down until 100% absolute range expansion was reached. Closed ...READ MORE3DP Odds Table (NDX) 2019-02-263DP Odds Table (NDX) 2015-07-13USDJPY Mar 21 to Mar 25 OutlookPrecog Vision – US Indices 2023-4-21Precog Vision – US Indices 2022-11-1Precog Vision – US Indices 2016-12-5USDCAD Jan 25 to Jan 29 OutlookUSDCAD Jan 25 to Jan 29 OutlookIntraday Cycle Projection (NQ) 2019-07-11Real-time Commentaries 2014-9-11
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Nasdaq 100 Mar 23 to Mar 27 Outlook
Lawrence’s Comment
NQ zoomed higher to Y-0 and held there for the FOMC announcement. That alone opened the door to Y+1. Post announcement, NQ immediately tagged the target and by op-ex Friday it zoomed to 100% range expansion target. Closed the week above Y+1 and midpoint.
Outlook
Consolidation likely as the market shock has left too many pockets below. An orderly pullback will give us a drop back down to B-0, say, over the course of a week. If the wide moves continue, we may see price jumps back down to Y-0 through gaps again.
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