Mid day update of the Emini S&P500 chart showing us it is approaching the resistance zone for the week. Failing to clear it, back down to 2120 and below very likely.
Lawrence's Comment
Recap
Congestion. Stuck at 50% week range around Y+1. Closed the week above Y+1.
Outlook
Way stronger comparing to Dow or S&P. Definitely bullish as Y+1 was defended.
Only way to send ...
S&P500 Approaching Channel Target May 18, 2015
Mid day update of the Emini S&P500 chart showing us it is approaching the resistance zone for the week. Failing to clear it, back down to 2120 and below very likely.
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