Trading Edges That Last
- You May Also LikeESNQAH High1347.252401.25AH Mid1340.002387.25AH Low1332.752373.25READ MORE
Many Emini traders incorporate the pivot support resistance method into their trading strategies. Yet rarely do we see robust studies done on this classic day trading technique. Many beginner traders ...READ MOREMany traders who daytrade emini S&P probably are familiar with the gap fill bias. What I am going to show here is how a particular type of gap fill, ...READ MORELawrence's Comment Recap As expected Loonie continues to weaken. 1.26 did not stop the run at all. Until 1.28 was touched. Closed the week at Y+2 and above midpoint. Outlook The weekly ...READ MOREUS Market Pre-Open 2011-5-6Intraday Cycle Projection (NDX) 2016-12-27Emini Day Trading: Understanding R1 ResistanceWeekly Cycle Projection (NDX) 2016-04-253DP Odds Table (NDX) 2014-10-06Real-time Commentaries 2020-7-16Hot n Cold (NDX) 2011-6-15Real-time Commentaries 2019-8-8Outside Gap Behaviour, Then and NowUSDCAD Feb 02 to Feb 06 Outlook
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Nasdaq 100 Apr 04 to Apr 08 Outlook
Lawrence’s Comment
Y-0 to Y+1 zone formed a bottom as expected. However, difficulties to move higher happened after trading above Y+1. That did not stop NQ from rallying towards its minimal upside target – 100% expansion of the week’s open range.
Outlook
A drop below B-0 and that B-0 to Y+1 acting as resistance means last week was a w. upthrust and a more significantly selloff will move it down to B-1.
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