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
Y-0 failed to hold NQ down, gave it the perfect excuse to squeeze back up to Y+1. NQ was able to hold above Y+1 and consolidated there. Closed the ...
Lawrence's Comment
Recap
Tried so hard to hold the 78 zone, including a news shock mid-week to breakout above Y+1. Yet, US NFP report has re-ignited the QE3 rumor and ...
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.
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