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
Development in Libya and Japan shocks many markets including this one. Failed to hold above Y-0 and stalled to a tight range between Y-1 to Y-0.
Outlook
If B+1 is ...
Overview
Emini overnight range 2126.50 to 2140.00 (at 9:00 am)
Overnight Midpoint 2133.25
Previous Week Close 2120.50
Battleplan for the Day
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Lawrence's Comment
Recap
No time wasted on further compression. The pair simply break the lower boundary in 1 go. Not quite make it to Y-3. First bounce failed to push back up ...
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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