Trading Edges That Last
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Lawrence's Comment Recap Unlike NQ, Dow refused to even consolidate below Y+1. Instead it popped higher and sit above Y+1. Eventually that led to the upside breakout and doubled the range of ...READ MOREFor more information about this report please refer to the Market Bias Informant pageREAD MOREUS Market Pre-Open 2019-4-19Intraday Cycle Projection (NQ) 2020-06-02Hot n Cold (NDX) 2011-4-27US Market Pre-Open 2012-6-18Intraday Cycle Projection (NDX) 2019-01-313DP Odds Table (NQ) 2022-05-05Intraday Cycle Projection (NQ) 2014-11-14Dow 30 Mar 18 to Mar 22 OutlookPrecog Vision – US Indices 2014-11-103DP Odds Table (NQ) 2015-10-08
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Nasdaq 100 Jul 01 to Jul 05 Outlook
Lawrence’s Comment
NQ held the support I mentioned last week and from there started an impressive rally to clear the resistance zone one by one. NQ finally tagged Y-0 the upside target by the end of the week. Closed the week below Y-0 and above midpoint.
Outlook
Picture perfect retest of break down price. As long as the resistance is not breached, swing trend is now down. A retest of Jun low is in order.
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