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Lawrence's Comment Recap Test of Y+1 was expected but we did not get any confirmed rejection at all. Breakout above Y+1 gave us the normal breakout target of Y+3. NQ tried to ...READ MORELawrence's Comment Recap As expected the rally continues. Y-0 acted as support and forced a strong breakout to Y+3. Closed the week near week high. Outlook Short term bottom in place. Long ...READ MORENasdaq 100 Nov 17 to Nov 21 OutlookGBPUSD Jun 04 to Jun 08 Outlook3DP Odds Table (NQ) 2022-06-23USDCAD May 21 to May 25 OutlookIntraday Cycle Projection (NQ) 2015-12-07Real-time Commentaries 2012-12-6Real-time Commentaries 2011-6-133DP Odds Table (NDX) 2019-11-223DP Odds Table (NQ) 2018-07-033DP Odds Table (NDX) 2013-04-22
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Nasdaq 100 Sep 07 to Sep 11 Outlook
Lawrence’s Comment
Previous week close / Y+1 resistance sent NQ back down to Y-0. Y-0 support got NQ back up to fill the gap above. 4300 round number resistance sent NQ back down again. After NFP, NQ gap down but holding up well at the level before the extreme drop happened 2 weeks ago. Closed the week above Y-0 and below midpoint.
Outlook
There is no strong reason to move out of this 3900-4300 zone, yet. Until clear trend is established, NQ likely to flip-flop week after week this month.
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