Recap NQ struggled in the beginning of the week to stay above Y+1 yet failed to hold above it suggesting Y-0 was in play. By the end of the week, the selloff materialized with Y-0 tagged perfectly. Closed the week above Y-0 and below midpoint.
Outlook Potential short term top in place. As long as B-0 acting as resistance daily down trend in the making.
Lawrence's Comment
Recap
My false breakout premises was correct. Leading to an all out selloff until 100% absolute range expansion is completed before ES was willing to stop. Closed the ...
ContentReviewEuro StunnedS&P Seasonal Pullback StartedGold Stuck in CompressionBitcoin Existential Threat10-Year Note YCC ConfirmedBig Picture SummaryReviewEuro failed to even try to take out the channel mid above and broken down to ...
Lawrence's Comment
Recap
Drifted lowered as expected. Slow holiday activity gave us 50% previous week range. Closed the week above Y-1 and near week high.
Outlook
A test of Y-0 / B+2 ...
Nasdaq 100 Jun 29 to Jul 03 Outlook
Lawrence’s Comment
NQ struggled in the beginning of the week to stay above Y+1 yet failed to hold above it suggesting Y-0 was in play. By the end of the week, the selloff materialized with Y-0 tagged perfectly. Closed the week above Y-0 and below midpoint.
Outlook
Potential short term top in place. As long as B-0 acting as resistance daily down trend in the making.
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