Lawrence's Comment
Recap
Y-0 failed to act as support when the pair staged a 1-2-3 sell to break below Y-0. The normal target of Y-1 was tagged mid week. Closed the ...
3-Day Advance Issues continue its micro swing divergence against S&P.
Yet Tick16 LT is bullish at the moment.
That created a conflicting environment that rally during the day are sold into and ...
Nasdaq 100 Oct 24 to Oct 28 Outlook
Lawrence’s Comment
Unlike the other 2 indices, NQ has been the weakest all week. Closed the week at midpoint.
Outlook
As long as Y-0 holds, NQ can go higher.
If Y-0 is breached and turning into resistance, a quick drop to Y-1 down to B-2 is expected.
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