Trading Edges That Last
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Lawrence's Comment Recap NQ gapped higher above Y+1 hence started a light volume short squeeze. 50% range acted as resistance and a quick pullback to week mid before closing higher. Closed the ...READ MOREReal-time Commentaries 2017-5-53DP Odds Table (NQ) 2015-04-30Precog Vision – US Indices 2016-1-28Precog Vision – US Indices 2015-2-3Intraday Cycle Projection (NQ) 2015-04-23Precog Vision – US Indices 2019-9-5Intraday Cycle Projection (NDX) 2015-02-17Nasdaq 100 Jun 02 to Jun 06 Outlook3DP Odds Table (NDX) 2016-08-18Real-time Commentaries 2017-10-27
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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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