Recap NQ gapped back up to Y-0 and stalled. Sold off back down to Y-1 and found support. Drifted back up to week mid. Closed the week below Y-0 and midpoint.
Outlook Until B+1 is cleared, NQ in potential weekly pullback. A slam back down from B+1 first will give us spike and ledge on daily. A selloff from B-0 and breaking B-1 will lead to B-2 and B-3.
Lawrence's Comment
Recap
Pullback as expected yet Y-0 support led to breakout to the upside with a run to print week high. Closed the week above Y-0 and midpoint.
Outlook
Potential complex ...
Lawrence's Comment
Recap
Dow coiled up on Monday led to attempt to clear Y+1 but failed. Y-0 not strong enough as support, gave way to more selling down below Y-1. Friday event ...
Nasdaq 100 Apr 06 to Apr 10 Outlook
Lawrence’s Comment
NQ gapped back up to Y-0 and stalled. Sold off back down to Y-1 and found support. Drifted back up to week mid. Closed the week below Y-0 and midpoint.
Outlook
Until B+1 is cleared, NQ in potential weekly pullback. A slam back down from B+1 first will give us spike and ledge on daily. A selloff from B-0 and breaking B-1 will lead to B-2 and B-3.
Share