Recap As noted last week, a pullback was due. It happened in the first 2 days in the week. But Y-0 was tested and acted as support, so the pullback was over quickly and the retest of Y+1 from there resulted in a close of the week above Y+1.
Outlook Choppy uneventful market. Without a catalyst, NQ may stuck here for sometime.
I have a long list of questions and requests that are specifically about Emini day trading. Many of them are very much recurring questions like “I am interested in day ...
Nasdaq 100 Feb 27 to Mar 02 Outlook
Lawrence’s Comment
As noted last week, a pullback was due. It happened in the first 2 days in the week. But Y-0 was tested and acted as support, so the pullback was over quickly and the retest of Y+1 from there resulted in a close of the week above Y+1.
Outlook
Choppy uneventful market. Without a catalyst, NQ may stuck here for sometime.
A break of B-1 points to at least B-3 in play.
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