Trading Edges That Last
- You May Also LikeFor more information about this report please refer to the Market Bias Informant pageREAD MOREHot n Cold (NDX) 2013-4-26Intraday Cycle Projection (NQ) 2018-02-13Precog Vision – US Indices 2018-8-3Intraday Cycle Projection (NQ) 2018-10-18Real-time Commentaries 2013-10-28Real-time Commentaries 2019-10-10Nasdaq 100 Oct 29 to Nov 02 Outlook3DP Odds Table (NQ) 2019-02-07GBPUSD Oct 26 to Oct 30 Outlook3DP Odds Table (NQ) 2023-05-02
As Featured In
Nasdaq 100 Jan 27 to Jan 31 Outlook
Lawrence’s Comment
NQ wild swings between previous week close and Y+1. Broke out upside but failed to stay above. That opened the door back down to Y-0. NQ finally catch up with Dow and S&P by Thursday and dropped down to Y-0. Closed the week below Y-0 and at week low.
Outlook
Strongest among the big 3 indices in terms of weekly structure. This will change if NQ fails to defend Y-1.
As long as Y-0 to B-0 area acting as resistance, NQ will go lower to tag B-2. From there, we will find out how bullish NQ really is by observing the reactions from the long term players.
Share