Recap Just like Dow, consolidation within the top half of the expected range. End of week pullback completed the gap fill below and bounced from there. Closed the week above midpoint.
Outlook Test of B+1 expected. Failed to rally higher from B+1 points to retest of Y+1 before end of the week.
Lawrence's Comment
Recap
The magic of intervention took Dow back up to where the waterfall selloff started. Leaving behind 3 huge open gaps with the strongest single leg bounce on daily in ...
Nasdaq 100 Jul 11 to Jul 15 Outlook
Lawrence’s Comment
Just like Dow, consolidation within the top half of the expected range. End of week pullback completed the gap fill below and bounced from there. Closed the week above midpoint.
Outlook
Test of B+1 expected. Failed to rally higher from B+1 points to retest of Y+1 before end of the week.
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