Trading Edges That Last
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Lawrence's Comment Recap Intense fight at Y-0 for control early in the week. Bulls won the battle and led to breakout above Y+1 and tagged Y+2. Closed the week above Y+1 and ...READ MORELawrence's Comment Recap The bullish bias pays off. My target at Y+3 was leaped through and NQ essentially did a melt up all the way til the end of the week. Closed ...READ MOREDow 30 Apr 18 to Apr 22 Outlook3DP Odds Table (DIA) 2012-06-13Real-time Commentaries 2018-7-25Weekly Cycle Projection (DIA) 2016-10-10Intraday Cycle Projection (DIA) 2014-08-013DP Odds Table (DJIA) 2012-08-31Intraday Cycle Projection (YM) 2011-11-113DP Odds Table (DIA) 2022-07-25Intraday Cycle Projection (DJIA) 2018-07-20Nasdaq 100 Jul 15 to Jul 19 Outlook
As Featured In
Dow 30 Oct 03 to Oct 07 Outlook
Lawrence’s Comment
Dow gapped below support zone and flushed straight down to Y-1 first before finding support. FBO against Y-1 gave us a run back up to Y-0 and gap fill. Monday high support gave us a run for 100% absolute range expansion before Dow stalled again. Y-1 support helped Dow to surge higher on Friday to print week high. Closed the week above Y-0 and midpoint.
Outlook
Clear attempt to break above the weekly resistance line last week. As long as Dow can hold above Y-0/B-0 zone there is a good chance we see B+2 and above quickly.
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